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" ... The Crummey power is a way around the dilemma. Money or property goes into the trust and the trustee is instructed to notify the beneficiaries who have a brief time in which they are allowed to withdraw up to the annual exclusion amount. Beneficiaries are very much discouraged from exercising that power. I've never heard of one actually doing it. Still, it is something that people worry about it. Enough so they will put provisions in the trust to discourage the beneficiaries from having the temerity to exercise their withdrawal rights. Sometimes the IRS will argue that the discouragements are discouraging enough to make the withdrawal rights not meaningful. ... "