On November 12, 2014 at 11:20, Fins said...
Could your clients use of cash have anything to do with why he isnt reachable any more?
When my grandfather was alive, he gave my mother and her 3 siblings money for Christmas every year. But he ran it through one of his companies as payroll, so it always had taxes withheld. Nothing says I love you like making sure Uncle Sam gets his cut of your kids' christmas present.
Family is a different situation. There is a gift tax exclusion for family members up to a certain amount.
