In 2010 and with $100,000, Ronald establishes a joint savings account with his cousin, Allison. In 2011, Allison withdraws the $100,000 and disappears. Ronald made a gift to Allison in 2011.

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In 2011, when Allison withdrew the $100,000, it can be considered a gift from Ronald to Allison because she took the money without any obligation to return it, and Ronald did not take legal action to recover it.

In 2010 and with $100,000, Ronald Establishes a Joint Savings