Qualified Personal Residence Trust

An increase in interest rates and inflation can still provide planning opportunities if you know where to look.

Think about techniques like a Qualified Personal Residence Trust (“QPRT”) as a way to reduce your estate and pass on assets to the next generation.

QPRTs become more popular as interest rates rise because the value of your gift will decrease.

Interesting article on QPRTs on Bloomberg Tax: Estate Planning Techniques in a High-Interest-Rate Environment (bloombergtax.com)

Thank you to Azi Baer for this week’s Tax Tracker post.