01-11-2013, 02:42 AM
Too bad this wasn't started last year. Anyone can gift anyone else $13,000 per year. You and your wife (or any family member) can gift him and his wife(or anyone) $13,000 totaling $52,000 per year.
Banks are required to report amounts over $10,000 in cash. Not sure about checks, since they already leave a paper trail.
Banks are required to report amounts over $10,000 in cash. Not sure about checks, since they already leave a paper trail.