@jtax wrote:
The mortgage approval may not really have anything to do with it. Once Mom has given up "control and dominion" (see Treas. Reg. 25.2511-2 https://www.law.cornell.edu/cfr/text/26/25.2511-2) the gift is complete....
Yes, I would also assert that the mortgage approval has nothing to do with it. As you indicated, the gift is essentially complete unless the donor has reserved power over its disposition (which is highly unlikely in this instance and, I am reasonably certain, the vast majority of others). The post that mentioned the approval contains other inaccuracies, anyway, and should be ignored.
