ScubaTwinn
New Member
- Joined
- Feb 16, 2009
- Messages
- 671
- Reaction score
- 3
I am so fed up being a Floridian.
"He asked me what to do with his PayPal accounts and I asked him what he was talking about," O'Mara told Anderson Cooper. "And he said those were the accounts that had the money from the website he had. And there was about 200, $204,000 that had come in to date."
http://www.cnn.com/2012/04/26/justic...ney/index.html
"ACCOUNTS"
What does this mean why is there more than one paypal account, anyone?
If a resident of Florida appeared on a game show, they would be required to pay taxes on any prizes they win. The IRS has people onsite at game shows for exactly that reason. The IRS also has very specific rules on the amount of a gift. It may be that amounts under a certain amount may not have to claimed but the sum total of the gift is taxable.
Texas didn't have income tax when I lived there but I was not tax exempt. I paid sales tax in every city. There is a very specific definition of tax exempt and it doesn't involve where you live.
Anyway you look at it, it is GZ's income...money sent to assist him with his living expenses, etc. Which means that he can buy anything he damn well pleases with the money. Except a gun/weapon..at least for now, anyway.If I were MOM, I'd ask the judge for permission to set up a trust for GZ - with the money, given the fact that the money came from people whose intent was clearly to provide for GZ's expenses while he waited for a resolution. That's what GZ's website was about, and certainly, GZ is going to have living expenses, as will his wife.
GZ had earlier indicated on his website that he'd keep a thorough accounting of funds & file reports...
If GZ doesn't use up the money in the trust, the balance could go to ... (insert your favorite recipient: TM's family, National Neighborhood Watch Assoc., NRA, ... etc..)
A compromise where that money's actually not GZ's to hold, but held in trust with GZ as beneficiary?
Anyway, BIG MISTAKE, but ... he might be able to squeak around it.
just noodlin'... but I think if MOM acts quickly, there might be a way to salvage ...
He better be praying that this money keeps flowing because otherwise if Zimmerman is declared indigent by the state, he will only receive what a public defender is paid and in fact (and I'm not a lawyer) I believe the judge could overrule allowing O'Mara representing Zimmerman and provide him with a public defender.
~jmo~
I noticed that he said "accounts" also. I got the impression that there were several sites requesting donations and therefore several Paypal accounts. Has anyone heard that there was more than GZ's site soliciting donations? I suppose some money could just come via mailed checks.
What bothered me most was that he said GZ sent him the checks by FedEx yesterday, the day MOM found out about the money. My question is how did GZ get the money out of Paypal to his bank account so quickly? I have used Paypal to sell things on Ebay and it always takes at least 2 days, if not longer, to be transfered to my bank account. Unless there is some way to set up your Paypal account to automatically transfer to your bank account when your account is only used to accept donations. Anyone know?
I know one thing for sure. I want answers from MOM. I really do think that MOM was in the dark about how much money there was and unless the bulk of that money came in the day GZ was arrested or after, then I want to know what was going on and a complete accounting.
And who smiles after being arrested?That would make no sense IMO.
I could just see how the coversations would go if he were cheesing it up in his mug shot, his first court date, or his bond hearing!
People would be talking about that for sure.
IMO I would not be grinning after I was arrested either.
JMO
If a resident of Florida appeared on a game show, they would be required to pay taxes on any prizes they win. The IRS has people onsite at game shows for exactly that reason. The IRS also has very specific rules on the amount of a gift. It may be that amounts under a certain amount may not have to claimed but the sum total of the gift is taxable.
Texas didn't have income tax when I lived there but I was not tax exempt. I paid sales tax in every city. There is a very specific definition of tax exempt and it doesn't involve where you live.
But he is not indigent and until he is then they cannot claim that status, right?I doubt that. Did not happen in the Casey Anthony case. IMO
One more thing, why is O'Mara talking about what his client is saying to him. Isn't that a breach of client confidentiality? IANAL, so I am very curious about this.
I doubt that. Did not happen in the Casey Anthony case. IMO
Anyway you look at it, it is GZ's income...money sent to assist him with his living expenses, etc. Which means that he can buy anything he damn well pleases with the money. Except a gun/weapon..at least for now, anyway.
He and his client made a mockery of the bond hearing. I think they will pay for it. IMO
It's the picture of the back of GZ's head showing the blood. The claim is it was taken via a camera on someone's cell phone. That was my understanding. Plus a cell phone sounds about right because who carries a camera around with them. jmo
Where are all the lawyers?