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Understanding Qualified Personal Residence Trusts in Estate Planning

by EstateLaw1 | May 8, 2025 | Uncategorized

A Qualified Personal Residence Trust (QPRT) is a strategic estate planning tool designed to transfer ownership of a home while allowing the grantor to continue living in it for a specified period. This approach offers financial and tax advantages that can...

Understanding Grantor Retained Annuity Trusts (GRATs)

by EstateLaw1 | May 8, 2025 | Uncategorized

A Grantor Retained Annuity Trust (GRAT) is a powerful estate planning tool that allows individuals to transfer assets to beneficiaries while minimizing tax liabilities. This type of trust enables the grantor to retain an annuity interest for a set period, after which...

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