Gifts before going into Assisted Living
My aunt will be going into assisted living. She has $8,000 in life insurance, owns a home worth $80,000, and has cash of about $27,000. She lives in Wisconsin. On the cash portion, can she gift it out to her relatives and what is the max gift she can give. We want her to have cash available for clothing, household goods, foods she wants, etc while living in assisted living. Is gift giving legal?