Originally posted by Morton
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One thing that has been a catalyst in my case is transfer of money between my account and my wife's. You can only transfer 1.1m/year to your wife's account, any more and you'll be penalized. This also applies to purchasing property if you plan to put it in joint names. It's got to be seen that money has come from both parties. I guess when considering big purchases or movement of money, it's best to seek advice it seems. We are all the more wiser, though it's been an expensive lesson.
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