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It depends upon how much you're talking about?
about 40K from each sister
Well, once you go over $13,000. from each sister, it starts to get complicated.
Each individual has a lifetime gift tax exemption of $1,000,000. in total gifts in excess of the annual exclusion amounts; so there would be no gift or income tax due.
If your sisters are married, they could give you a total of $26,000. (each) a year, by their husbands joining in the gift; that requires a gift tax return to be filed but no gift tax is payable.
Beyond that, they would have to spread out the transfer between at least 2 tax years to avoid any more involved reporting.
this is getting to complex for me, I think I would like to be face to face with someone. I would be more comfortable.
If you want to get the money all at once, you are probably going to need someone to prepare the gift tax returns; of course, realize that there is no reporting requirement on your part; it is the donor (your sisters) who must each file gift tax returns if they give you more than $13,000. in any one calendar year.
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