Market Overview

New Study Finds Estate Planning Solutions from Biden Tax Plan, Wealth Advisors Trust Report Finds

Share:

Before Dec 31, 2020, wealthy families need actionable ideas to use up their $11.58 estate tax exclusion with the benefits of top trust law states such as South Dakota for control and choice according to a report published by Wealth Advisors Trust Company. The Biden Tax Plan proposes reducing the current estate tax exclusion from $11.58 million to $6 million.

RAPID CITY, S.D. (PRWEB) October 18, 2020

A team lead by family corporate trustee management expert, Christopher Holtby, has published a report about estate tax issues and solutions affecting the top 1% of wealthy families in America. The report concluded:

a) Current estate and gift tax exemption amount, inflation adjusted, highest level in 100 years.

b) Top 1% have tripled their net worth since the 2009 financial crisis.

c) November election results could reduce estate and gift tax exemption amounts by 50% or more.

d) Wealthy families use South Dakota trust law benefits to mitigate potential reduction.

e) These ideas and suggestions follow logical and simple processes.

For questions about the report, a comment on the findings, or an introduction to the industry experts included in this report, contact, Christopher Holtby at holtby@wealthadvisorstrust.com

Wealth Advisors Trust Company, based in South Dakota, revolutionizes trust administration with common sense.

For the original version on PRWeb visit: https://www.prweb.com/releases/new_study_finds_estate_planning_solutions_from_biden_tax_plan_wealth_advisors_trust_report_finds/prweb17479144.htm

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com