Qualified Personal Residence Trust (QPRT)

Qualified Personal Residence Trust (QPRT),

Qualified Personal Residence Trust (QPRT) Meanings:

  • An Eligible Private Residential Trust (QPRT) is a special type of trust that allows its creator to remove a private residence from their ownership in order to reduce the gift tax on transfer of assets. can go.

    • QPRT allows you to remove your home from the property to reduce your gift tax.
    • The value of the property during the interest period is based on applicable federal IRS rates.
    • Other types of trusts include simple trusts and outstanding charitable trusts.

Literal Meanings of Qualified Personal Residence Trust (QPRT)


Meanings of Qualified:
  1. Recognized as a person qualified to perform formally certified activities

  2. Not completely or completely limited.

Sentences of Qualified
  1. Newly trained nurse

  2. I can only classify this CD as a mixed hit

Synonyms of Qualified

limited, licensed, guarded, hesitant, certified, circumscribed, conditional, contingent, reserved, professional, cautious, certificated, tentative, restricted, chartered, equivocal, bounded


Meanings of Personal:
  1. Advertisements or posts in private newspaper ad columns.

  2. Being influenced or related to a particular person, not someone else.

  3. Concerning your personal life, relationships and emotions, rather than matters related to your personal or professional career.

  4. In relation to the body.

  5. Talk to or talk to one of the three people.

  6. It exists as an automatic entity, not an abstract or unprofessional force.

Sentences of Personal
  1. They met through a private advertisement that Jews run an Indian newspaper.

  2. His personal value was recently reported at 37 37 million

  3. This book describes his acting career and provides some information about his personal life.

  4. Yes, that's why I use personal pronouns, which express personal opinion.

  5. Rejects the idea of ​​a personal and personal God

Synonyms of Personal

idiosyncratic, individualized, peculiar, secret, exclusive, one's own business, characteristic, personalized, distinctive, particular, intimate, one's own, individual, private, confidential, unique


Meanings of Residence:
  1. A place is where you live.

Sentences of Residence
  1. The youth hostel was demolished from a private house

Synonyms of Residence

accommodation, apartment, place, place of residence, home, house, address


Meanings of Trust:
  1. Believe in reliability, truth, skill or power.

  2. Credit permission for (customer)

  3. Someone's reliability, accuracy, skill or someone's strength or firm belief in something.

  4. An arrangement in which a person (trustee) retains property as a nominal owner for the benefit of one or more beneficiaries.

  5. A large company that controls the market or monopolizes.

  6. Business credit

  7. A hope or hope.

Sentences of Trust
  1. I should never have believed that

  2. It is forbidden to trust a sailor.

  3. Relationships will be based on trust

  4. A trust is established

  5. He himself will use the progressive-era reformist statements to store and shape his supporters as money, monopolies and administrators.

  6. My master lives with confidence in a flood

  7. All the big secrets of femininity

Synonyms of Trust

have every confidence in, put one's trust in, safe keeping, custody, certainty, confidence, freedom from doubt, care, credence, place one's trust in, believe in, pin one's hopes on, have confidence in, belief, reliance, faith, conviction, charge, certitude, assurance, sureness