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Brown Cafe UPS Forum
Life After Brown
Advice Needed
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<blockquote data-quote="pickup" data-source="post: 933319"><p>Or you could in addition to income gifts (below the threshold of taxes) , after the sale of your house, you can start draining your accounts via an atm card,$400 dollars a day and give them the cash. You just have to do it so that it that it doesn't register that they got the money. I.E. they use the cash for every day stuff while they deposit their paychecks and keep a good portion of the proceeds of those checks in the bank while they spend your undocumented cash gifts on groceries,etc.</p><p></p><p>Obviously, I am stretching here and putting this scenario in a rather gray area. You can definitely get away with this atm swipe and give scenario if done to a lesser degree. Think about it.</p></blockquote><p></p>
[QUOTE="pickup, post: 933319"] Or you could in addition to income gifts (below the threshold of taxes) , after the sale of your house, you can start draining your accounts via an atm card,$400 dollars a day and give them the cash. You just have to do it so that it that it doesn't register that they got the money. I.E. they use the cash for every day stuff while they deposit their paychecks and keep a good portion of the proceeds of those checks in the bank while they spend your undocumented cash gifts on groceries,etc. Obviously, I am stretching here and putting this scenario in a rather gray area. You can definitely get away with this atm swipe and give scenario if done to a lesser degree. Think about it. [/QUOTE]
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