
What Is a Qualified Personal Residence Trust?
A Qualified Personal Residence Trust (QPRT) allows you to transfer your home to your children or other beneficiaries at a reduced tax cost. You place
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A Qualified Personal Residence Trust (QPRT) allows you to transfer your home to your children or other beneficiaries at a reduced tax cost. You place

Being named as an executor means you have significant legal responsibilities. You must probate the will, manage assets, pay debts and taxes, and distribute property

A grantor trust is a trust where you retain enough control or benefits that the IRS treats you as the owner for income tax purposes.

A pooled special needs trust protects assets for people with disabilities without disqualifying them from Medicaid or SSI. A nonprofit organization manages the trust. Multiple

In New Jersey, everyone who reaches the age of 18 (the legal age of majority) can legally make their own decisions. This is true even

Probate is the legal process of gathering a deceased person’s assets, paying their debts, and distributing what remains to their beneficiaries. In New Jersey, probate

In New Jersey, a health care proxy is a legal document that allows an individual to appoint someone else to make health care decisions on

Proactive planning is essential for securing Medicaid benefits while safeguarding your hard-earned assets. Medicaid Compliant Annuities are a powerful financial tool that can play a

Buying a home is one of the most significant investments for many individuals, and the search for the ideal home is an exciting journey. However,

A revocable living trust is created during your lifetime and can be modified or revoked at any time. It has a trustee who will administer