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Posted: 1/4/2012 8:03:01 AM EDT
Are there any drawbacks to using a money order with a trust?
Link Posted: 1/4/2012 8:06:02 AM EDT
you can't tell when its been cashed
Link Posted: 1/4/2012 8:18:00 AM EDT
You have to stand in line somewhere to get it.
Link Posted: 1/4/2012 9:03:33 AM EDT
^ first TWO posts

I've used MOs before. These are the drawbacks.
Link Posted: 1/4/2012 12:56:40 PM EDT
Originally Posted By echo_5:
^ first TWO posts

I've used MOs before. These are the drawbacks.


It's sort of what I expected, I'd be interested to know if caused any additional delays or other hassles. So far

issue1 + issue2 > wife's shrill "do you need another xfz"
Link Posted: 1/4/2012 3:22:18 PM EDT

Originally Posted By jj01:
Originally Posted By echo_5:
^ first TWO posts

I've used MOs before. These are the drawbacks.


It's sort of what I expected, I'd be interested to know if caused any additional delays or other hassles. So far

issue1 + issue2 > wife's shrill "do you need another xfz"

No delays. It was nerve wracking for the first NFA item I bought since I didnt know when it was cashed.

Like any other NFA paper work, just forget about it and get a pleasant surprise one day.

-my $.02
Link Posted: 1/4/2012 5:28:49 PM EDT
[Last Edit: 1/4/2012 7:35:26 PM EDT by Homeinvader]
Originally Posted By jj01:
Are there any drawbacks to using a money order with a trust?


There's no reason to. Just write a check from your personal account. It doesnt matter who pays the tax, it just needs to be paid.
Link Posted: 1/4/2012 7:13:12 PM EDT
Originally Posted By jj01:
Originally Posted By echo_5:
^ first TWO posts

I've used MOs before. These are the drawbacks.


It's sort of what I expected, I'd be interested to know if caused any additional delays or other hassles. So far

issue1 + issue2 > wife's shrill "do you need another xfz"


There aren't any other issues to using a MO. I just do a personal check, so I know they got it.
Link Posted: 1/5/2012 8:21:48 AM EDT
I have always used a money order. Takes exacty two weeks from time I mailed it to them to see it went pending, so there are obviousyly no issues with time.
Link Posted: 1/8/2012 4:45:09 AM EDT
I use money orders and I know the Gov. will cash it . It's never failed, they like my money.
Link Posted: 1/8/2012 5:47:07 AM EDT
I use solely money orders.
Link Posted: 1/8/2012 6:54:27 AM EDT
I've been thinking lately, what if your package gets lost?
There's $200 in it. Not a big deal if its a check, but could be a hassle getting the money back from the Post Office.

I've been using Money orders, but will probably switch to checks after these next two Form 4s.
Link Posted: 1/8/2012 7:02:04 AM EDT
Can't speak for postal money orders. However I have always used ones from my bank which are free for me. Just need to call the number on your stub to see if its been cashed.
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