Qualified Personal Residence Trust (Long Form)
A long-form Qualified Personal Residence Trust that moves a residence out of the estate at a discount while you keep living in it for a term, built for a high-value or heavily negotiated transaction.
Written for a deal where the downside is large enough to justify the extra pages. The complete provision set for a business whose exposure justifies covering every case.
Frequently asked questions
The fee covers the finished document, filing-ready or send-ready as applicable, the supporting exhibits or attachments described in the scope, and a short cover memorandum explaining the choices made. It is fixed at this scope: one trust. 2 rounds of revisions are included. If your matter falls outside that scope we tell you before starting and quote the difference — we do not bill past a flat fee without agreeing it first.
2 to 3 weeks from a complete set of instructions, plus time for the 2 rounds of revisions included in the fee. If you are working to a court deadline or a closing date, tell us when you order and we will confirm in writing whether we can meet it before you commit.
$7,800 is $325/hour × 24 hours — the time this deliverable takes in an ordinary advanced planning matter, at the firm's standard rate. Because it is a flat fee, the risk of the work running long sits with the firm: you pay $7,800 whether it takes us the estimate or twice it.
Third-party costs are never inside a flat fee and are passed through at cost, never marked up: court and agency filing fees, court reporter and transcript charges, expert witness fees, search vendor and e-discovery hosting charges, process server fees, and travel.
What your business does, and who its users or customers are, the systems, vendors, and data flows the document has to describe accurately, any existing version, and what prompted this one, and any regulator, platform, or contract requirement you are working to. Send what you have — if something is missing we will tell you what else we need before the turnaround clock starts.
Clients also order
Other Advanced Planning work MC Law prepares on a flat fee.
Irrevocable Trust — Template and Playbook
A template Irrevocable Trust and playbook your team can run without counsel on every deal, for the agreement that moves assets out of the estate permanently in exchange for tax and creditor benefits.
Qualified Personal Residence Trust — Template and Playbook
A template Qualified Personal Residence Trust and playbook your team can run without counsel on every deal, for the agreement that moves a residence out of the estate at a discount while you keep living in it for a term.
Irrevocable Life Insurance Trust and Crummey Notice Package (Long Form)
A comprehensive Irrevocable Life Insurance Trust and Crummey Notice Package that keeps life insurance proceeds out of the taxable estate, with the annual notices that make gifts qualify, with the full set of protective provisions a significant deal deserves.
Irrevocable Trust (Long Form)
A comprehensive Irrevocable Trust that moves assets out of the estate permanently in exchange for tax and creditor benefits, with the full set of protective provisions a significant deal deserves.
Grantor Retained Annuity Trust — Template and Playbook
A reusable Grantor Retained Annuity Trust template plus a negotiation playbook, for the document that transfers appreciation to the next generation with little or no gift tax if the assets outperform the hurdle rate.
Irrevocable Life Insurance Trust and Crummey Notice Package — Template and Playbook
A company-standard Irrevocable Life Insurance Trust and Crummey Notice Package form with fallback positions, covering the document that keeps life insurance proceeds out of the taxable estate, with the annual notices that make gifts qualify.