Written by attorney Bruce Givner

How to Get the Best Estate Tax and Asset Protection Planning for Your Home

Congress added qualified personal residence trusts to the law as a way to allow the parents to transfer a home's equity to the children at a reduced transfer tax cost. As with most estate tax planning, QPRTs also make it more difficult for a creditor to get to that valuable equity.

Additional resources provided by the author

At, under "Handouts/Mailers," the category "Estate and Gift Taxes" is a 41 page question and answer style handout entitled "House GRITs.pdf." Before 1989 "QPRTs" were known as "House GRITs."

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