How a Qualified Personal Residence Trust Saves on Home Transfer Taxes

Lucas and Luna explore the Qualified Personal Residence Trust (QPRT), an estate planning strategy that lets you transfer your home to heirs at a deep tax discount while retaining the right to live in it for a set number of years. They walk through a concrete example: a $2 million primary residence transferred via a 10-year QPRT, freezing the taxable value at today's lower price. When the term expires, any appreciation above the original value passes to the beneficiaries tax-free. The hosts discuss the risks: what happens if you die before the term ends, how the grantor's retained interest affects Medicaid and capital gains, and why this tool works best for homes expected to appreciate significantly. They also compare QPRTs to GRATs and highlight the importance of using an independent trustee. Perfect for homeowners with $1 million+ properties who want to reduce estate tax exposure while staying in their home. Episode 16 of Estate Planning with Fexingo. #QualifiedPersonalResidenceTrust #QPRT #EstatePlanning #TrustStrategy #HomeTransfer #TaxSavings #EstateTax #GRAT #ResidenceTrust #WealthTransfer #Heirs #RealEstatePlanning #Finance #Business #FexingoBusiness #BusinessPodcast #LucasAndLuna #EstatePlanningWithFexingo Keep every episode free: buymeacoffee.com/fexingo