Cottage Law
Posts from June 2012
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Cottage Planning: Dealing with Estate Taxes, Part II
June 22, 2012Part 1 of our "Dealing with Estate Taxes" blog addressed the use of a qualified personal residence trust (or "QPRT"). But using a QPRT only works in certain situations and requires a settlor to willingly give up the cottage at the end of the QPRT term.
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