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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Can you just spend more money on your kids now, knowing you will inherit from her in the next 1-16 years?  Once I got a peek into the size of my parents' estate and trust documents, I stopped saving so aggressively.  They're not big on gifting now, but I know I will inherit enough from them that I don't need to stress about end-of-life care for myself or leaving a legacy for my kids (they'll eventually get what I get). [/quote]

OP: We are trying to do this, but it's been drummed into our heads for so long that you can never count on an inheritance that we basically aren't. Even though I can't imagine what my mom could possibly spend $6+ million on.[/quote]

If it is the $6m range she doesn't really need to worry about estate taxes. The federal limit is $15m, and it is per individual with portability so if your father has unused amounts from his $15m it carries over to her. States are different but MD, for example, is $5m also with a carryover provision. Even if she is making a gift over $19k it just needs to be tracked to count against the $15m/30m exemption. Obviously the limits could change. Of course you may not want to tell her this if she is motivated to give gifts to reduce her perceived tax obligation. My mother gives annual gifts to my kids because she thinks this, and we haven't told her otherwise (she has more than enough to live on very comfortably for the rest of her life).[/quote]

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