QPRT Exit Strategy

Okay you've sold your clients on the potential estate tax benefit to be achieved with a qualified personal residence trust (QPRT)

Okay — you've sold your clients on the potential estate tax benefit to be achieved with a qualified personal residence trust (QPRT).1 And you've explained that, with a married couple, the benefits can be even greater if each deeds only a 50 percent interest in the residence to a separate QPRT. Then, in addition to the valuation discount available for the QPRT, an additional fractional interest discount will be applied, thereby further reducing the taxable gift.

So, now the

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