David Blair, QuadCap Wealth Management, and Estate Planning
David Blair of QuadCap Wealth Management provides several updates on estate planning.
DALLAS, TX, August 24, 2011 /24-7PressRelease/ -- Estate planning is still in a state of flux; in 2012 the estate tax rate is set to go up to 55%, the amounts that were in place before 2001. Also after 2012 the $5 million exemption for gift and estate taxes is also scheduled to decrease to 1 million dollars. As of right now individuals can gift away up to 5 million dollars of assets free of estate taxes, this amount is 10 million for married couples if one wanted to use up there exemption during life. Once a donor makes a completed gift the income and appreciation from these assets are no longer in the donor's estate. Individuals can each give $13,000 per year to any individual and not use up your lifetime gift tax exemption.
Press Release Contact Information:
Jon Crandall
QuadCap Wealth Management, LLC
VP
16990 Dallas Pkwy, Ste 201
Dallas, TX
United States 75248
Voice: 972-818-2400
Website: Visit Our Website


