@Orc555 - I am going out on a limb here. and the Community is going to 'shoot me'. Just give the sibling the money your father intended her to have. Life is too short to worry that the IRS is going to come down on you for failure to report a gift because the Bank wouldn't let you write a check giving half to her.
Losing a loved one - especially a parent - is emotional enough. Let's move on.
(and please no responses that this is herasy - I already know)
ps you didn't say whether you were married or how much money we are talking about. But if married, have you and your spouse EACH give her $16,000 now and $16,000 on January 1st and there is no gift reporting required. That covers $64,000.
