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August 18, 2020

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The assets in the trust then become the residential or commercial property of the listed beneficiaries.
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The longer the procedure goes on,the more attorney’s costs need to be paid by the estate.
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If you pass away before the kept earnings period ends,then the entire QPRT transaction will be undone and the value of the home will be consisted of in your taxable estate at its complete reasonable market price on the date of your death law.