A QPRT permits a homeowner to make a gift of his or her personal residence (i.e., a primary residence or a bvacation/b home, along with a reasonable amount of surrounding property) to a trust for the benefit of children or other beneficiaries b..../b See John F. Meigs & Ryan R. bGager/b, Using a U.S. Qualified Personal Residence Trust in Cross-Border Planning, 35 Estate Planning 22, 24 (July 2008) citing Natalie B. Choate, The QPRT Manual: The Estate Planner's Guide to Qualified ...
