I have a relative who is getting married soon and has expressed interest in receiving money instead of gifts. It seems a little odd to hand over cash or a check, so I was hoping to find something just as effective but a little more unique. I thought about buying coins from the US mint, but that may be a hassle if the gifted amount is too high. I'm thinking somewhere in the range between $1000 and $5000 but have not decided on a final amount yet.
If you're going to give money, give a check. If the card with cash is 'lost,' it's a more difficult situation than a check. I'd give them a picture of a 5 year savings bond in your safety deposit box. Tell them you'll give them the key on their 5th anniversary. If they don't make it, you keep it. In this economy, I wouldn't be surprised if some people are getting married for gifts and health insurance.
But just because he's "expressed interest in receiving money" doesn't mean you have to give it, or that he doesn't alos want other things. That sounds like a casual conversation rather directly telling you to give money over small appliances, etc.
kronus
Ancient Member
posted: Aug. 27, 2009 @ 5:48a
$1000-$5k for a wedding?
P.S. You're welcome to be my relative and also invited to my wedding. Coins from the mint accepted.
4LeafClover said: I have a relative who is getting married soon and has expressed interest in receiving money instead of gifts. It seems a little odd to hand over cash or a check, so I was hoping to find something just as effective but a little more unique. I thought about buying coins from the US mint, but that may be a hassle if the gifted amount is too high. I'm thinking somewhere in the range between $1000 and $5000 but have not decided on a final amount yet.
If you are giving a cash equivalent, there really isn't anything unique about it. They said they would prefer money to gifts that they are unlikely to use, let along unbox. Just hand them a check, there is nothing particularly tacky about this. A wedding registry is essentially the same thing.
wbc1228 said: "Best way to gift money? (non legal)"
ahh.. I think you mean "not illegal" unless you throwing in some heroine as part of the gift He's getting married, the "heroine" is free. Heroin is another matter.
SomeOtherChick
Senior Member
posted: Aug. 27, 2009 @ 3:10p
What's wrong with a check? We always give a check in a card. Usually $150-$250 range.
RJL1
Ancient Member
posted: Aug. 27, 2009 @ 3:22p
Cash is legal. Just keep it under $10,000 or the taxman cometh.
kamalktk said: wbc1228 said: "Best way to gift money? (non legal)"
ahh.. I think you mean "not illegal" unless you throwing in some heroine as part of the gift He's getting married, the "heroine" is free. Heroin is another matter. I was going to ask, "Does the couple get to choose which heroine?"
RJL1 said: Cash is legal. Just keep it under $10,000 or the taxman cometh.
13,000 for 2009.
Edit: And I think the OP meant by "(non legal)" to ignore the legal consideration of the amount, and simply the best way to give some sort of cash equivalent to the couple.
RJL1 said: Cash is legal. Just keep it under $10,000 or the taxman cometh.
$13,000 per giftee, per giftor. So if you're married, and the recipient is married, you and your spouse can each give $13,000 to the recipient and the recipient's spouse, for a total of $52,000.
(Unlimited tax-free gifts between spouses are allowed, so you can give the money to your spouse to give to the recipient, or just file a 709 and opt for gift-splitting.).
OP, please PM me your address, I'd love to invite you to my wedding next month.
MoneyOCD
Senior Member
posted: Aug. 27, 2009 @ 9:24p
order $2 bills at your bank it is cash but also considered a good luck so for 1k it will be 5 packs that you can put in the cool gift box with bow on top
Cash or check is the way to do this. If you really have issues how about folding $100 bills into roses (it takes 5 bills per rose. ) A half dozen roses woudl be lovely as a gift http://www.lisashea.com/lisabase/cruise/money/rose.html
dcg9381
Senior Member - 1K
posted: Aug. 28, 2009 @ 9:30a
4LeafClover said: I have a relative who is getting married soon and has expressed interest in receiving money instead of gifts. It seems a little odd to hand over cash or a check, <snip>
Guess you've never been to a Jewish wedding. I had a friend marry the Jewish princess.. They had the future kids college paid for by the end of the wedding. He'll be paying for the rest of his life, however...
jeremyn
Nerdy Member
posted: Aug. 28, 2009 @ 10:03a
kronus said: $1000-$5k for a wedding?
P.S. You're welcome to be my relative and also invited to my wedding. Coins from the mint accepted.
Seriously! Can I have a do-over on my wedding and invite you (and your family)?
Disclaimer: By providing links to other sites, FatWallet.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to FatWallet.com.
Members of our community may attach files to a post in accordance with the User Agreement. FatWallet is not responsible for the content, accuracy, completeness or validity of any information contained in any attached file. Files have *not* been scanned for viruses. Be especially wary of Excel files which may contain malicious content.
