We are gifting our son $20k to add to his down payment on a house he's buying.
Do we need write separate checks from my wife and I to stay within the limit?
I really just want to transfer the money to him all at once..
Not really sure if this would be a red flag or not..
Do we need write separate checks from my wife and I to stay within the limit?
I really just want to transfer the money to him all at once..
Not really sure if this would be a red flag or not..