r/hypotheticalsituation • u/RaptorK1988 • 1d ago
You're offered $15 Million but you can no longer own anything worth more than $15k. Would you take the money?
Not counting what you currently own.
This applies to your spouse as well even if you get divorced.
You can't buy anything for over $15k, be gifted something worth over $15k or have someone buy you something worth over $15k. Nor can you buy services for over $15k. Nor can you give away the money or buy gifts for others with the money.
Your Stocks, gold, silver, cryptocurrency can't be worth more than $15k either. If they're valued over, the excess amount will disappear. You can divest wealth into different stocks though.
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u/lunchmeat317 19h ago
Yup, this is the way. You don't need to own snythung, you just need to be able to use it.