Article Title
Abstract
Although the qualified personal residence trust can be effective for transferring substantial wealth to the next generation at a significantly reduced transfer tax cost, the transfer of a personal residence to family members can raise complex family issues. This article examines both the non-tax and tax issues related to the qualified personal residence trust, including qualification requirements under Section 2702 of the Internal Revenue Code.
Repository Citation
Wand, Barbara Freedman
(2012)
"The Qualified Personal Residence Trust: Passing Wealth to the Next Generation at a Reduced Transfer Tax Cost,"
Marquette Elder's Advisor: Vol. 1:
Iss.
4, Article 11.
Available at:
https://scholarship.law.marquette.edu/elders/vol1/iss4/11
