Question: I enjoyed your book very much, and last October 2020, I set up a revocable trust and transferred a 2nd vacation home located in Massachusetts into the trust. However, I recently [...]

Question: If I make a gift of $15,000 shares of property I own to each of my children, do I also have to put them on the property title as co-owners of the property? It’s my understanding [...]

Question: I’ve heard a QPRT as a good way to protect my home and pass it on to my children tax-free. What is it and should I have one? Response: QPRT stands for qualified personal residence [...]