My guess it was drug money or illegal in some way. Or the guy was a fruitcake. Who keeps $40K in their attic?
A person who's a bit funny. I had a high school friend who inherited an auto salvage yard from his grandfather, and he found thousands of dollars stashed in the junk cars.
Lots of people keep a cash stash, especially those in my grandparents generation. My grandpa didn’t trust banks after the depression: “they just kept everybody’s money”.
I keep a significant stash too, not 40K, but enough to cover an emergency need if there’s no time or ability to get to a bank.
But there’s more people out there like this guy: A friend of mine passed away suddenly a couple of years ago. He had about a 40ft boat that the family finally got around to selling. Some weeks later the buyer found a hidden package stashed on the boat, with $25K in cash. The buyer returned the cash to the family.
So... there’s still some hope. There’s some good folk left out there.
The previous owner of the house was an elderly man who had lived through the Depression. He died some time ago and his children had inherited and later sold the house. He distrusted banks and was known for stashing money all over his home while he was alive.