As property values around the country continue to recover, many families now list their primary residence and vacation homes among their most valuable assets. As such, these homes may be excellent candidates for beneficial estate planning techniques. One of the more straightforward of these techniques is the use of a Qualified Personal Residence Trust (QPRT). Gifting a primary residence or a second home to a QPRT is a clear-cut way in which grantors can significantly reduce the value of their taxable estate, with minimal disruption to their daily lives, and ultimately pass more assets along to their heirs