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Reply to "Elderly relative hiding $$ in the freezer"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]How much is the mortgage balance ? Get a cashier's check for $8,000 to $9,000. Send to mortgage company & get new statement. Trial run to see if everything is going as desired & planned.[/quote] I recommended the above. Depending upon remaining balance, then make double or triple payments until the balance is exhausted. Keep all transactions under $10,000 to avoid hassle of filling out government forms. Making double or triple payments to quickly reduce the mortgage balance should save a lot with respect to income taxes on the $100,000.[/quote] And then hope you don’t get tagged for a money laundering investigation. [/quote]
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