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Qualified Personal Residence TrustA trust designed to save on estate tax by moving a residence (or vacation home, if certain conditions in the tax code are met) out of the owners taxable estate. The owner transfers ownership of the pr [..]
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Qualified Personal Residence TrustQualified Personal Residence Trust is an irrevocable trust which places the personal residence in a trust either for the benefit of one’s spouse and children or for a charity. The trust is created and [..]
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