My five brothers and I want to set up a fund (account, trust, corporation) to pay for our mother's care. We will all contribute to the fund regularly. None of us individually want the tax liability. What is the best format for our purposes?
And I'd like to cooperate with a simple answer to the question you pose. But the truth is that your situation potentially calls into play some complicated tax planning -- the term preferred over "tax avoidance" -- techniques.
The best approach for you to take depends on insurance, investments, income, assets, and tax brackets of all the brothers involved -- and your mother's health and financial states also weigh into the mix.
So you sit in one of those situations in which it is best to check out your options with a professional who is willing and able to take all the facts into account. Not just any old accountant or attorney will do for this job. It is best for you to consult with an elder care attorney who is experienced in estate and tax planning -- and it may take some shopping around and sleuthwork to find him or her.