I may receive a 50k gift from my parents soon. At a later stage they might leave me enough to exceed the tax free threshold. I was thinking of asking each to give me 3k this year. Then the balance next year. To gain some advantage of the same gift exemption. That makes sense right?
I think that the risk of a loan is that an unexpected death means that the amount is in the estate. Great point regarding the children and their gift allowance. Thanks