My wife and I have individual accounts with the same brokerage. We each have many of the same holdings. I would like to transfer stuff around so only one of us has a particular item.
My understanding is that this doesn't get reported anywhere, as we are married and can freely transfer money. Is that correct? It is not terribly important, so if there are any potential problems, I don't have to do it. It would just be more orderly.
Thanks