<prompt> Human: My gf made approx. 250K from the sale of a property. She deposited half the amount into a joint savings and we put the other half in a savings accout in my name to get the 500 deposit incentive if we keep it there for 90 days. This is because she already has a savings acct at our bank.My gf is going to pay the taxes on her sale. Im wondering if having my name on this money means that I have to pay taxes as well? Is there anything I need to know about having 100k in my bank acct? Ive never had more than 3k saved.  <response>: Can I just point out that your girlfriend must really trust you. Its in your account, in your name. Hope you realize you have a good thing going. I personally would never have transferred 100k to anyone I was not married to. 