If you have the means to play games with assets, there is a 95%+ chance your income is going to put you out of federal FA contention anyway. Assets are assessed at a max of 5.6% whereas income is the bulk of your EFC.
These students will not be able to use grandma’s information.
But I’ll give you this. The means-based system is broke. Max pell in my state only gets you about 1/2 the cost of tuition even at the directions. Not COA… tuition. And it is about 1/6 of the COA at the largest public colleges. That’s ridiculous.