Before my father passed away, I was authorized to access his bank account and now I am trying to split the inheritance funds between myself and my sibling. After closing the account, the bank will only transfer the funds to me, but they ought to be split evenly between us. If I send half of the funds to my sibling via a cashier's check from my account, which is over $16,000, will either of us incur taxes or be required to report it?
