<prompt> Human: My parents does not speak much English even though theyve been in the US for 20 years now. Theyve worked and saved up about 100k in cash all hidden in our house somewhere. They do own one or two bank accounts but only use it to cash checks occasionally when they worked. Now, my parents are retired but they have this excess cash as with most first-generation asian family, we are close so it is not typical for us to move out of the house unless we get marry, etc. Basically, my parents lived with my unmarried brother and I house with mortgage under my brothers name, I help split the mortgage. My parents wants me to put all these excess money into CDs under my name? I dont want to because I know Im going to get flag if I somehow got 100K going into my bank account. My parents have not file their taxes for years since their retirement. And with most first generation asian-american, theyre going to huff and puff when I try to explain to them about gift taxes. I can already see it, theyre going to say its their money, they can do whatever the hell they want with it and would not understand why it is going to get taxed! Help? what should I do? Refuse them?  <response>: You need to put this money into a safe box while deciding what to do. Earlier this year there was an article on how Asian households were being targeted for robberies because of exactly what your parents are doing... Those households had a tendency to keep the money in the house stuffed under the mattress and other similar shenanigans. 