A Qualified Personal Residence Trust (QPRT) lets you transfer your home into an irrevocable trust for a term of years and gift the discounted remainder to your heirs, shrinking estate and gift tax. Here is how QPRTs work, term and mortality risk, §7520 rate sensitivity, and how they compare to a GRAT or an outright gift in 2026.
A plain-English guide to the Charitable Lead Trust (CLT): how it mirrors a CRT, the difference between grantor and non-grantor CLTs, CLAT vs CLUT, the upfront income tax deduction, estate and gift tax leverage on the remainder, why low Section 7520 rates make it work, and how it compares with a CRT and a donor-advised fund.
A complete guide to the dynasty trust and the generation-skipping transfer (GST) tax. Learn how a long-duration irrevocable trust works, how GST exemption allocation shields wealth, why South Dakota and Nevada dominate, plus the asset-protection benefits and the step-up basis tradeoff for ultra-high-net-worth families.