Summary of Alternate Ways to Protect a House (2013)

By Bruce Givner, Esq.

In this client-friendly chart, attorney Bruce Givner shows a comparison to help clients protect their home through various estate planning strategies available. Anything from doing nothing to giving the home to the kids, selling the home to the kids, contributing to a Family Limited Partnership to utilizing more advanced-level estate planning techniques, such as Personal Residence Trusts (or “QPRTs”), Grantor Remainder Trusts (or “GRATs”) and Private Retirement Trusts (or “PRTs”).