We worked with a family to set up a Qualified Personal Residence Trust (QPRT) for their primary residence and a second home, transferring the property to their children without any estate tax. This removed a combined $1.5 million and any future appreciation from their estate. They remained in the house beyond the term of the trust, paying rent to the children and further reducing the overall value of the estate.
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April 1, 2021
A Powerful Partnership Built on Trust with the National Wood Flooring Association
The Situation With three separate and unique not-for-profit entities and a for-profit all housed under one umbrella, the…
March 12, 2021
Developed Revenue Allocation Process to Save Labor Union 25 Hours Per Month
While auditing a labor union client, we encountered difficulties with reconciling the numerous categories of dues revenue during…
November 17, 2020
Helped Local Private High School Obtain Forgiveness for $1.5 Million PPP Loan
A St. Louis private high school was looking for help navigating the changing regulations of the Paycheck Protection…