if you look on the IRS website, I think you will find that paying for another person's medical insurance or medical expenses as well as paying for education expenses is not considered a gift. Go to IRS.gov and search under gift tax.
My parents are gifting the money to purchase a new home :) and I would like to know the best way to gift that money over the next couple of years. Is it best to sign a personal note, then forgive the note and interest in increments over a period of years or is it better to use the unified...