Hey guys,
interesting story from thanksgiving for me and my family..
We head up to Chicago area for thanksgiving to my folks house first, then onto the aunt's house for the actual meal and all, along the way my parents stopped to pick up an aunt of mine who was 90 and didn't drive much, they knew something was off when the newspaper was on the doorstep and then she didn't answer the door or phone, another aunt came back with a key and sure enough, they found her dead in her bed. She was 90 as i said and dying in your sleep (the paramedics said she likely died soon after going to sleep wednesday) is about as good a way to go as you can have...now the interesting part!
So we knew she and my uncle (he died this past june) had some cash, they didn't expect what they found!
Cash EVERYWHERE LOL I mean under the couch, in cans in the fridge, in closets...Fucking 205,000 IN CASH stuffed around the house. Then there is 150,000 in a safe deposit box in the bank, 80K in CD's, 40K in another account, a nice little house, easily fetch 100K, a lincoln town car with 30,000 miles on it...
Total take should come out to over 525,000! My mom's sister is the executer of the will and its equally spilt 5 ways, so my parents will get a little over 100,000 just out of the fucking blue! Not bad and a wonderful way to take care of the family...We were a bit dissapointed though, all that damn cash and so little in the bank earning interest, there could have easily been a million had they done that with some investments 20 some years ago.
My wife and son and I will surely see some of it, but it really puts things in perspective, coming into cash, not all that much for some, but a fortune for others, just some random day, it has us stunned! She and my uncle had no kids and lived very meager lives..
Anyway, any similar experiences? old folks seem to like to hide cash rather than save it normally LOL
Any tax issues here either for my other family members?
interesting story from thanksgiving for me and my family..
We head up to Chicago area for thanksgiving to my folks house first, then onto the aunt's house for the actual meal and all, along the way my parents stopped to pick up an aunt of mine who was 90 and didn't drive much, they knew something was off when the newspaper was on the doorstep and then she didn't answer the door or phone, another aunt came back with a key and sure enough, they found her dead in her bed. She was 90 as i said and dying in your sleep (the paramedics said she likely died soon after going to sleep wednesday) is about as good a way to go as you can have...now the interesting part!
So we knew she and my uncle (he died this past june) had some cash, they didn't expect what they found!
Cash EVERYWHERE LOL I mean under the couch, in cans in the fridge, in closets...Fucking 205,000 IN CASH stuffed around the house. Then there is 150,000 in a safe deposit box in the bank, 80K in CD's, 40K in another account, a nice little house, easily fetch 100K, a lincoln town car with 30,000 miles on it...
Total take should come out to over 525,000! My mom's sister is the executer of the will and its equally spilt 5 ways, so my parents will get a little over 100,000 just out of the fucking blue! Not bad and a wonderful way to take care of the family...We were a bit dissapointed though, all that damn cash and so little in the bank earning interest, there could have easily been a million had they done that with some investments 20 some years ago.
My wife and son and I will surely see some of it, but it really puts things in perspective, coming into cash, not all that much for some, but a fortune for others, just some random day, it has us stunned! She and my uncle had no kids and lived very meager lives..
Anyway, any similar experiences? old folks seem to like to hide cash rather than save it normally LOL
Any tax issues here either for my other family members?
hno:
