Sentence examples for residence trust from inspiring English sources

The shares can also be put in a trust by the parents — for example, in a personal residence trust or an irrevocable trust — to protect the apartment from being included in their estate.

• Qualified personal residence trust.

lawyer Kenneth Ziskin who had a residence trust lost the tax benefit when he died after he was hit by a car.

So the couple is using a "qualified personal residence trust"–a device blessed by Congress and the Internal Revenue Service to ensure that after they're gone the Connecticut property isn't lost to estate taxes, family squabbles or competing priorities.

Your Home A popular option for an appreciated home, meanwhile, is a qualified personal residence trust (QPRT), which is formed by transferring your primary personal residence or even a qualifying vacation home to the trust.

Paul Allen, co-founder of Microsoft Net worth: $15.8 billion His Kona Residence Trust received $14,429 in barley subsidies from 1996 to 2006.

As you get wealthier, the list of tax savings strategies worth considering grows: family limited partnerships, irrevocable life insurance trusts, lifetime gifting, qualified personal residence trusts, grantor-retained annuity trusts, private foundations and charitable trusts.

Part of the smart-home dream has always been being able to talk with a place of residence and trust it to control climate, security and sense problems.

His flashy former environment minister, Jairam Ramesh, moved to rural affairs.Ahmed Wali Karzai, a half-brother to the president of Afghanistan and the pre-eminent power-broker in Kandahar, was assassinated at his residence by a trusted lieutenant.

On arriving in Grasmere to take up the post of poet-in-residence at the Wordsworth Trust I was greeted by a poster which advertised an exhibition; English Poetry 850-1850 The First Thousand Years.

The district includes the ancient borough of Arundel, with the nearby Arundel Castle, built soon after the Norman Conquest (1066) and now held in trust as a residence of the Duke of Norfolk.