In Trusts We Trust: Day 44
Qualified Personal Residence Trust (“QPRT”) A Qualified Personal Residence Trust places a grantor’s primary or secondary residence in a trust either for beneficiaries of the grantor’s choosing. The trust could benefit any designated beneficiary, including but not limited to a spouse, children, grandchildren or any heirs, or for a foundation, religious organization, or charity. A […]
Continue Reading →On Caregiver Agreements: Day 3
As I mentioned in my last two posts on the topic, millions of people are caregivers for their elderly relatives. While that’s nothing new, there’s a new twist on that subject: some of those people, it may surprise you to learn, are now being paid to do the job. Given the challenging financial times in […]
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