Post by Jep Gambardella on Jul 18, 2019 17:43:43 GMT
If he doesn't want to use the money for something major like moving into a bigger or better home or buying a brand-new BMW, in his place I would just keep using the cash for day-to-day expenses and let the "legitimate" income accumulate in my bank account. I would pay cash for anything that could be bought with cash.
*** Edit ***
As for what I would do if I received a large cash inheritance, that would depend on the amount. I would like to move into a bigger place, so if the amount is large enough for that, I would bite the bullet and declare it, so that I could use it. If it is not enough for that, then I would do as described above.