A QPRT is an irrevocable trust that lets you transfer a personal residence — including a vacation home — to your beneficiaries at a reduced transfer-tax cost. You retain the right to live in the home for a set term of years. If you outlive the term, the property passes to your beneficiaries, and any future appreciation is removed from your taxable estate. If you don’t survive the term, the full value is included in your estate.
We exist so you don’t have to worry about money. For more than 40 years, we’ve taken the sophisticated, time-tested approach that many ultra-high net worth individuals use to help manage their financial lives and made it accessible to more families.
