What’s a QPRTs? QPRT stands for “qualified personal residence trust.”A QPRT enjoys some tax benefits and allows a person to transfer the family home or personal residence (not a vacation home) to their family, while minimizing the usual tax consequences.
My law firm, Johnson Law KC LLC, can guide you and your family through the QPRT process. If we can serve you or your family on your QPRT needs, please call (913.707.9220) or email us (steve@johnsonlawkc.com) to schedule a free, convenient consultation.
(c) 2015, Stephen M. Johnson, Esq.