Quote Originally Posted by Chex View Post
First and foremost never recommend making ill-advised gifts solely because the tax code dictates a certain outcome.

Part of the planning that goes into making significant gifts should include discussions of whether the proposed gift will both

a) benefit the family in the long run and

b) not disadvantage the donors in any way.

The tax “tail” should never wag the dog.
The gift could be placed in an inter vivos trust.