<prompt> Human: I love in Alberta, CA . Mother has dementia and has been in a elderly home for years. I have a shared bank account with my mom but had to withdrawal 50,000 from it when I filed for bankruptcy a few years ago . My mom has passed away now and I want to split the money with my siblings how can this be done without being audited or taxed heavily.  <response>: but had to withdrawal 50,000 from it when I filed for bankruptcy a few years agoAs in, you withdrew it so that it could not be seized during your bankruptcy? Like fraud?Gifts are not taxable until you have used your lifetime limit. Depending on how much you give each sibling, you may have to file a gift tax return to report the gift. 