My mother-in-law is in a nursing home suffering greatly from Alzheimer's. She is totally incapable of making a decision like this. Since I originally mad this post, I have learned alot about gift taxes. Gift taxes come into play when a gift is given to keep it out of a person's estate. Since there is not an estate tax unless the estate is about one million dollars and since my mother-in-law nor myself has a estate nearly that much I think I have been making much to do about nothing.