@TanakaM Thanks alot for replying back. This looks like a better option. i can get half the money from that account to my personal account and it will be enough. but one last query in this case do i need to get gift deed and other docs related to it? i guess no as it was a joint account. but if i transfer this money now into my personal account then it will be fairly new as i am expecting ITA this week with CRS 451. will this work of i have to wait for 6 months so that my account bal is maintained for 6 months.Hi,
It is not a good idea to use this account. Move this money into your personal account and then explain that this money was previously kept in a joint account, but your share is now in your personal account. If you cant keep it in your personal acc for 6 months get a notarised affidavit from your mother in-law and husband confirming this transaction.