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Estate Planning: A Key Part of Any Financial Plan

Harness Wealth

Qualified Personal Residence Trust (QPRT) A QPRT allows you to give away your house or vacation home at a great discount for gift tax purposes. You would transfer the title of your home to the QPRT, making it no longer part of your estate, but retain the right to live in the home for a certain number of years.

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The Comprehensive Guide to Understanding and Navigating the Alternative Minimum Tax (AMT)

Harness Wealth

In this article, we’ll discuss: Who Pays the Alternative Minimum Tax? If you live in one of these states, it’s essential to be familiar with the state-specific AMT rules, and other state-level tax implications to minimize your overall tax liability. Tax services provided through Harness Tax LLC.

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