How to Store Large Amounts of Cash (With Locations to Avoid)

Dining chairs often have a false bottom box space under the seat for a drop-down hinged panel. These can be one of the best places to hide large amounts of cash.

Effective Places to Hide Money

1. In an envelope taped to the bottom of a kitchen shelf.
2. In a watertight plastic bottle or jar in the tank on the back of your toilet.
3. In an envelope at the bottom of your child’s toybox.
4. In a plastic baggie in the freezer.
5. Inside of an old sock in the bottom of your sock drawer.

Hiding in Plain Sight: 6 Sneaky Ways to Keep Your Valuables Safe

1. Reuse empty bottles and jars.
2. Hide in feminine hygiene boxes.
3. Use a tennis ball.
4. Wear your valuables.
5. Stuff it in a towel.
6. Think beyond the glove box and trunk.

Trusts – Setting up an International Asset Protection Trust in the right jurisdiction is the best way to not only hide money from the IRS, but to hide it from anyone, as well as transfer wealth to your heirs tax free. Offshore Accounts – These essentially go hand in hand with Trusts.

1. To store large amounts of cash it’s usually best to keep it hidden in a fireproof and waterproof safe that’s out of reach.
2. Locations like the attic should be avoided, as, in the case of a fire, this will be one of the first places to burn up.

Diversify your wealth, and be wary of making large purchases that might tip off others to your financial situation.

1. Count the Money.
2. Assemble Your Team of Professionals.
3. Develop a Comprehensive Financial and Life Plan.
4. Be Wary of Friends and Family.
5. Resist Making Large Purchases.

Where to Look for Hidden Valuables in Old Houses Before You Knock Them Down

• Behind false panels in the back of closets – Tap with your knuckles to find panels that cover empty spaces.
• Under floorboards and steps – Look for crowbar scars and other signs that they might have been pried loose and replaced in the past.

When you’re home at night This is a good time to leave the porch light on. It alerts burglars to your presence, particularly if indoor lights are on too. The porch light also acts as a spotlight on the front door. You can easily see who’s approaching through either a window or peephole.

Taped to the inside of a dresser. Thieves may look in your sock drawer,but will they dump it and look underneath?

Places such as door jams, floor panels, window sills, cabinet doors and the like are excellent places to hide small, valuable items. You can keep hidden cash tucked away under a window sill and no one would be the wiser.

In the Freezer. The freezer provides various options for keeping the money.

In an envelope taped to the bottom of a kitchen shelf