https://www.paestateplanners.com/ Pennsylvania estate planning attorney David Frees discusses the hottest estate planning opportunities. It’s time to take advantage of the economy and recent changes in the law. There are two opportunities that you might not be familiar with, but should consider. They include Qualified Personal Residents Trusts and the Grantor Retained Annuity Trust or GRAT. A Qualified Personal Residents Trust allows you to take your primary residence and your vacation home and transfer them to your heirs at lower than market value. You get to live in the properties for a specified period of time. As long as you live beyond that timeframe, your heirs get those assets at a very low value. If the property goes up, they save a lot of tax. A GRAT allows you to give stock, real estate or other assets that you think will increase in value away. You get to have your cake and eat it too because after each year of your GRAT term you get it back. At the law firm of Unruh, Burke & Frees, we have Pennsylvania estate planning attorneys who can help you understand these hot opportunities. Our team of experienced and knowledgeable lawyers can help you take advantage of these powerful tools that the current economic conditions have made available. To find out more about preparing your estate planning, order your free copy of the informative guide, Enhanced Estate Planning: What You Need to Know About Hiring An Attorney & Creating A Plan That Works. https://www.paestateplanners.com/practice_areas/estate-and-inheritance-tax-planning.cfm
David M. Frees, III
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Attorney, Speaker and Author