That's what happened to all the money! Remember to keep small winning tickets in a box for proof. You call the 1800 hotline once a month because,your addicted to gambling. The next question is, What do I say if asked where did the money go?

Requires wrapping the cash into something prior of placing into the box. It's illegal to place cash in a safety deposit box. That way if creditors or other attempt to seek they can't. My advice is to have two people as joint on the box. If ever a robber in the house.The robber will never think of the freezer.

Next question is, What do I do with all this cash I have from withdrawing? Simple, Hide it!įreezer is the best place. Think of a reason doesn't matter it's your money. Every bank ask for a reason for large amount withdraws. Anything over $10,000 a Fed-report must be filed and option to pay the taxes at that time. Withdrawing a large amount of money from a bank account or closing a bank account. Some say your allowed to donate 'Gift' up to $10,000 - $14,000 per yr that's one way of hiding money with family. I maybe wrong on some Medicaid qualifications but, I think I hit it on the nail. Anymore then that and you will be denied for Medicaid. A person appling for Medicaid is allowed to keep a vehicle, Credit Card, Bank Account less then $2,000 at all times. We all know that Medicaid goes back 5 yrs or varies by State. We all know that it's difficult to hide a house but, not money. I'm talking about hiding money not assets as Town homes or other assets. The simple answer to that question is 'Hide it'. ('Medicaid' How to get approved if you own to much money?) The first thing I would like to talk about is the question people asked on this forum everyday. The types of people that hide their money is elderlys with savings and then there's the rich. Then, there's some that hide for tax reasons or reason to obtain gain. Some people that hide money are old school people that just don't trust the stock market and banks. There's many reason why people hide their money and many different types of people. I started this discussion as paying it forward to others.

Dime savings bank safe deposit box