Lots of people don't trust banks or the FDIC. Lots of people use third party money storage services. All 100% legit.
https://www.usprivatevaults.com/
It's only when you want to use the money related to a loan, or other official bank related purchase where it get's sticky.
And yes Frown, Scott has a tax attorney, I have a tax attorney, and my boss is also helping out based on his finance/tax knowledge. We're making sure that all advice lines up.
Zero illegalities involved. Don't be scared MB. You're all safe.