NAV Lending: How Investors Are Turning Illiquid Private Assets Into a Source of Liquidity
A private investment can be valuable on paper and still leave its owner short of cash. That tension is becoming more important as private-equity distributions remain slower and investors look for ways to access liquidity without selling assets at potentially unfavorable prices. The result is a growing market for NAV lending loans secured against the […]
Qualified Personal Residence Trusts: How Homeowners Can Reduce Estate Tax Exposure While Retaining the Right to Live in Their Home
A valuable home may be one of the largest assets in an estate, but homeowners often want to transfer future appreciation to their heirs without giving up the ability to live in the property today. A qualified personal residence trust (QPRT) is a specialized estate-planning structure designed around that tension. A QPRT allows a homeowner […]
