[cuban leaf]

This is why you trickle the money to your kids or set up a trust, both before you die.

[Sacajaweau]

I learned this from an elderly lady. Every year, she takes the profit from renting her farm and distributes it equally to her children as a gift. It is about $5000 each x3.

I've been doing the same thing...but not that much.

[morphing libertarian]

Iirc trust does not protect assets from Medicare.

Only diverging and transferring the assets before the look back period.