Indiana, Hello, My mother(age 55, on full disablility) is recieving an inheritance from her late father and wants to give the money to my sister and myself. I asked my accountant how this would work with gift tax and depositing the check and so on. He said she could sign the check over to me and deposit into my account and file a form that would free us from any gift tax. Do you have any advice about this? And also, how will this affect my mothers medicare since she is signing it over to us? Thank You for any response anyone has!