Taxmageddon Coming

November 30, 2012Quotes & Mentions
Dayton Business Journal
This Christmas, many wealthy individuals are looking to give the gift of a strategic plan to their children — a plan to transfer their wealth free of estate taxes.

With estate tax rates currently at 35 percent and set to increase to up to 60 percent at the beginning of 2013, estate planners have coined the phrase “Taxmageddon” to communicate the sense of urgency required for the wealthy to prepare for the massive changes coming to estate tax laws beginning Jan. 1.

Dinsmore’s Fred Caspar recently spoke with a reporter detailing estate tax changes set to arrive at the start of the year and how individuals should prepare for them. Read the full story published by the Dayton Business Journal below.