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Ask Kitch Anything thread

Submitted by KITCH on
Love4Vino

no, just some envelopes under a carpet.
Mon, 04/30/2007 - 10:50 AM Permalink
Love4Vino

USA money kitch.. good old green. 1977-1985 20's, 50's. 100s
Mon, 04/30/2007 - 10:51 AM Permalink
KITCH

I'm sure nobody would question it...
Mon, 04/30/2007 - 10:57 AM Permalink
KC0GRN

nice find
Mon, 04/30/2007 - 11:25 AM Permalink
KITCH

send it to me....

and I'll give you 50% back...nice and clean :wink:
Mon, 04/30/2007 - 11:36 AM Permalink
Love4Vino

also found a combo to a safe. I remember seeing one in the house when I was a child. I think in the bottom of a closet. I need to find it. It was my dads.

I'll pass on the kitch washing of the money. It's clean money - it's just out of circulation.
Mon, 04/30/2007 - 11:48 AM Permalink
mrmnmikey

It's only out of circulation when it's destroyed. Otherwise it's all good.
Mon, 04/30/2007 - 1:06 PM Permalink
KC0GRN

If you're worried about it, I could launder the money for you.. say.. 80% face value? :goofy: (I just have to beat Kitch's offer)
Mon, 04/30/2007 - 1:20 PM Permalink
Love4Vino

um, thanks KC, but aside from the bills being new and kinda stuck together - I'm thinking it's pretty clean.

yeah, I know it's still good but walking into somewhere and buying something with a huge amount of cash in old bills - just seems kinda well, suspect.
Mon, 04/30/2007 - 2:11 PM Permalink
Clue Master

Just keep the mask and long leather coat at home and you'll be just fine. Most people generally like money of any vintage.
Mon, 04/30/2007 - 2:15 PM Permalink
me2

Thats pretty kewl sunny -

I looked at a house yesterday for sale

I opened a closet in one of the bedrooms/den and there was a safe sitting there!!! ummm, duh!!!! hide it when people are looking at your house- they may come back to rob you!!!! I quickly shut the door - didn't want to look suspect. Im suprised the agent allowed me to take pictures of the rooms too.
Mon, 04/30/2007 - 2:19 PM Permalink
Love4Vino

yeah. I'm stoked.

looking at a house forsale? a house for moi?

heh.
Mon, 04/30/2007 - 3:14 PM Permalink
me2

mmmmmm, well if you'll take on a roomie
Mon, 04/30/2007 - 3:33 PM Permalink
KITCH

3 words

safety deposit box
Mon, 04/30/2007 - 6:51 PM Permalink
Love4Vino

I'm gonna have to find one. I should. I also found all my grans original marraige certificates, my dads, several death certificates, my dads divorce papers, a dear john letter - yada yada yada. I would like to put them all somewhere safe.

Suppose I should look into one.
Mon, 04/30/2007 - 9:03 PM Permalink
KITCH

well..

if you deposit the money in the bank you are going to draw mega attention to yourself.

so you have 2 options....sockdrawer it....or put the funds in a safety deposit box.

or your 3rd option is go to vegas and blow it as fast as you got it.
Tue, 05/01/2007 - 4:25 AM Permalink
OT

Don't you have power of attorney or executor status or something? Just take it to the bank and deposit it. If they ask where you got it, and they may not, tell them the truth. It's still legal tender and legally its yours to do with as you see fit.
Tue, 05/01/2007 - 6:03 AM Permalink
KC0GRN

Yeah, but depending on how much it is, can't they charge an estate or misc. income tax on it?

I just know how the IRS loves to screw people...
Tue, 05/01/2007 - 7:51 AM Permalink
Terry

Depending on how old that money is, you might want to check with a coin dealer. You might get more than face value for some of that.

We experienced that some years back when going through my great, great aunt's things.
Tue, 05/01/2007 - 8:17 AM Permalink
Eags

Isn't it fun going through old treasures such as what you are finding at your grandma's??

My mother had each of us kids take turns choosing items that were to be ours when the time came that both my parents were gone.

The others were gobbling up the TVs and furniture, while I was more interested in the chipmunk salt and pepper shaker set (my first choice) and my grandma's beautiful pine cedar chest.

When the sad day came for us to retrieve our chosen items, I opened my grandma's cedar chest and realized it was full of things!

I asked if they wanted to divide up the stuff inside, and they said, no way! You picked the cedar chest - you have to take the contents too.

The treasures inside are just awesome. My grandma's wedding gown (1909), letters and telegrams - some important, some sad - love letters, cherished gifts, baby items. My grandparents wedding certificate - in color - and in Swedish. So many items someone cherished enough to safekeep. At least four generations contributed to the stash.

Enjoy your treasure hunt at your grandma's! And keep letting us know what you find.
Tue, 05/01/2007 - 8:18 AM Permalink
OT

California doesn't have an estate tax. And Federal only taxes if it's $1,500,000 or more.

Inheritance and estate taxes

   California has no inheritance tax and its estate tax is being phased out in connection with federal estate tax law changes related to federal estate tax collection. Executors of estates of persons who died on or after Jan. 1, 2005, are no longer required to file a California estate tax return.
Tue, 05/01/2007 - 8:29 AM Permalink
KITCH

hoping you find some old stock....like XOM
Tue, 05/01/2007 - 8:31 AM Permalink
OT

Is bank stock worth anything anymore? My mother was given some stock in a bank my grandfather owned way back when and I found the certificates in a drawer a while back.

I don't want to call the bank and look like a fool for asking. :chagrin:
Tue, 05/01/2007 - 8:34 AM Permalink
Love4Vino

I found 2 40k bonds that I need to see if they have been cashed. besides the safe combo (still need safe) and the 10k in cash (sofar) under the carpet.

I found an old 22 pistol that is in the original holster (and yes, I checked - it's not loaded)

I also found her wedding ring from 1930, and my dads - I'm sure there is tons more stuff as she was a 'tucker awayer'

I'm not afraid to put the money in the bank - persay, but I am afraid that I will just blow it on something stupid that way. Some how having it in old cash, is going to make me save it longer.

I think she would have wanted me to spend it on something special - not just paying off bills or something. So I have to come up with something really good.

Good to know there isn't an inheritance tax here. that helps.
Tue, 05/01/2007 - 8:52 AM Permalink
Love4Vino

but she died in 1998.. when they still had the tax..
Tue, 05/01/2007 - 8:53 AM Permalink
mrmnmikey

invest that money. It''l grow a lot in 10 or 20 years.
Tue, 05/01/2007 - 9:35 AM Permalink
mrmnmikey

SSShhh! What money?
Tue, 05/01/2007 - 9:36 AM Permalink
Terry

Your wedding might be considered special. :smile:
Tue, 05/01/2007 - 10:13 AM Permalink
OT

No kidding. I've been an heir four times, and I've never paid a dime in inheritance tax. As far as I can remember, I don't think I ever even claimed it as income.

Is there a line for that on the tax form? I didn't see one. :wink:
Tue, 05/01/2007 - 10:25 AM Permalink
CerealKiller

vino before you do anything with that cash let me get a hold of my cousin who helps alot of people with old money he has a business doing it I will callin a favor and get you his number! so you can find out its true value! he has a dollar coin that is from way back that looks like junk but it is really worth like 10grand or something crazy like that! I dont think thats the exact price! but you get my point! and if you take it to a bank depends on what you mean? they can make you turn it in for face value! and that could mean whatever dollar for dollar! and that would just suck!!!!!!!!! so give me a call on friday and I will have my mom put in the call!!!!!!!!!

that gose for everyone here to I had a indian dime from I want to say like 1920 or something like that he got me 500bucks for it I found it working at his sisters DQ yes my family has owned to many places to name here!! they all have flipping money but none in my zone?? and cant give me a loan!!what the hell!!!!!!!!!
Tue, 05/01/2007 - 12:20 PM Permalink
Love4Vino

my wedding will cost like $100. I'm not real big on fancy weddings.

I think i want to wait n buy something for my future house - like a thomas kincade. :smile:
Tue, 05/01/2007 - 1:24 PM Permalink
Love4Vino

this isnt that old... its 1977-1985 .. so nothing special.
Tue, 05/01/2007 - 1:25 PM Permalink
CerealKiller

the thing of it is they maybe a miss print bill or something crazy that you just never know about!!!!! didnt know how old! just didnt want you to get screwed on IT!!!!!
Wed, 05/02/2007 - 12:35 AM Permalink
Clue Master

Hey Kitch - Is there such a thing as a Caring Bridge blog that ends on good note?
Fri, 05/04/2007 - 9:46 AM Permalink
mrmnmikey

Thats my wifes uncle by the way...
Fri, 05/04/2007 - 11:54 AM Permalink
Terry

There are many stories at Caring Bridge. Some miraculous, others terribly sad.

But what I have found is how strong people are in the face of some terrible happenings in their lives.

There is a family who had two children together and she had an older child from a previous relationship, The two younger children were found to have Alper's. It's a rare genetic disease. The children have now since passed on. Such terrible sadness for that family to have to bury two children.

But in the face of all that, they have set up a foundation in memory of those children to help other families dealing with the same disease. They also raise funds for books and toys for the pediatric unit at Children's.

It's an inspiring story in so many ways.
Fri, 05/04/2007 - 3:21 PM Permalink
OT

Terry, what happened to that young man who was set on fire?
Fri, 05/04/2007 - 3:42 PM Permalink
Terry

Turned out he had done that to himself. I know he got some treatment. I haven't had contact with his mother lately so I'm not sure how he's currently doing.
Fri, 05/04/2007 - 4:00 PM Permalink
OT

Oh wow. That's really too bad. I guess its good to know there aren't people out there that would do that to another though. Has to be hard either way.
Fri, 05/04/2007 - 4:22 PM Permalink
CerealKiller

dear ask kitch,

my question has a few parts to it!

1. when installing a after market raido in a 97 chev. tahoe do I need any extra parts to by pass the factory security systems!

2. if so where can I get the part and whats it called?

I dont know how formiler you are with chev. it dosnt have a alarm on it but the raido has that chip in IT!!!!! I dont know how explain!!!!!!!!!

any more questions that I didnt cover or if you need more of a explaintin let me know!!!!!!!!!
Mon, 05/07/2007 - 12:51 AM Permalink
KITCH

wow..great page..sums it all up for u :smile:
Mon, 05/07/2007 - 5:28 AM Permalink
ares

kitch, how did they do that thing with elvis and celine on american idol a few weeks ago?
Tue, 05/15/2007 - 11:05 AM Permalink
KITCH

ummm...

I got a problem...I don't watch that show...but let me see what i can do in a few days...
Tue, 05/15/2007 - 11:46 AM Permalink
KITCH

rotoscope animation software..
Tue, 05/15/2007 - 11:49 AM Permalink
KC0GRN

hey I know how to do that.
Tue, 05/15/2007 - 12:19 PM Permalink