Shrinking Home Values to Enlarge Wealth Transfers

In the alphabet soup of estate planning jargon, the acronym QPRT is one of the more familiar — if not fully understood — terms and it represents a popular and rather common technique for potentially passing significant wealth amongst generations using family homes with little or no gift or estate tax consequence.  The letters stand … Continued

What’s Up With Downsizing?

Utilizing Home Equity to Meet Long-Term Needs and Objectives   The term downsizing typically connotes difficult decisions, often conjuring up images of harsh corporate layoffs. But downsizing also commonly describes the sensible and often rewarding —even cathartic — act of moving from a large house into a smaller and more manageable living arrangement. Of course, … Continued