What happens to the property in a qualified personal residence trust if the grantor survives the term?

In a qualified personal residence trust (QPRT), if the grantor survives the term, the property reverts to the grantor without any additional tax implications at the time of reversion. The key feature of a QPRT is that it allows the grantor to retain the right to reside in the home for a specified number of years while transferring the remainder interest to beneficiaries, typically children.

If the grantor survives the trust term, they have the right to continue living in the property. However, any tax on the gift had been considered upon the establishment of the trust. Therefore, there's no additional tax burden at the trust's termination just because the grantor survives. The property is not subject to inheritance under taxation, nor is it retained in the trust indefinitely. Therefore, the other potential answers do not accurately reflect the mechanics of how a QPRT operates upon the grantor's survival at the end of the trust term.