Opus 17 and Critter #2, thank you both for your advice! You are correct about the lifetime $5.4 million gift exemption.
Also found this that affirms the $5.4 million exemption: <a rel="nofollow" target="_blank" href="
https://www.irs.com/articles/7-things-you-should-know-about-gift-tax">https://www.irs.com/articles/7...>
