Over the weekend I received an e-mail article about the benefits of falling home prices in estate planning. With the current lower values one can transfer a principal residence or vacation home to a Qualified Residential Property Trust (QPRT) and "freeze" the value for estate tax purposes.
This may be great strategy to ease some of the burdens created by sunsetting the current Federal Estate Tax law.
I wish I could link to the article so you could read all the specifics. If you request in a comment I will forward the emailed article to you.
This is not to be construed as tax advice, because everybody's situation is different. Use this as a tool to see if it would work for your benefit.
Send me the QPRT article please
Posted by: Ken | October 14, 2008 at 11:46 AM
Send me the QPRT article please
Posted by: Ken | October 14, 2008 at 11:46 AM
Falling home values could be a good news only for home buyer not for home owners.
Posted by: Jennifer | April 23, 2013 at 03:56 AM
WOW just what I was searching for. Came here by searching for Estate planning
Posted by: Meridith | October 09, 2013 at 06:21 PM