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re: Best Approach to Accepting Large Cash Gift? What should I do with it?
Posted on 2/8/16 at 1:34 pm to Green Grass Miracle
Posted on 2/8/16 at 1:34 pm to Green Grass Miracle
Have the relative and his/her spouse gift you 14k each every year (28k) until you reach the amount he/she wanted to give you. If you're married, have them give 14k each to your wife.
14k was this past year. Not sure how much it increased for inflation.
14k was this past year. Not sure how much it increased for inflation.
This post was edited on 2/8/16 at 1:37 pm
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