Didn't think so, unless she starts "gifting" the money to someone she trusts but she couldn't offload much without taxes getting in the way. What is it now, about $13K a year?The gifting rule has variations. It is now $14k/person/year. If she was still married, she could give away $28k/person/year. OR she could gift the whole $500k and have it go against her lifetime exclusion limit which is currently $5.5M. But sill soon change.http://www.smartmoney.com/taxes/income/when-to-file-gift-tax...JLC
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