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 […]
