David Blair, QuadCap Wealth Management, and Estate Planning Explanation

Online, August 22, 2011 (Newswire.com) - The nature of estate planning is one that changes over time. As life progresses and goals change so should the estate plan. Lack of an adequate estate plan or an estate plan that is not current can cause undue additional emotional and financial burden on family. An effective estate plan can possibly: decrease the amount of estate taxes one may have to pay, have your assets distributed the way want or desire and not the courts way. Provide the liquidity needed for estate expenses, and thus not force the sale of assets, clearly lay out your plan and thus not have family members to be forced to making difficult decisions. As such it is important to review your estate plan on a regular basis.

Estate planning is a topic that most people like to put off or avoid all together. Yet your estate plan will either be your choice or follow the intestacy laws of your particular state in which you reside. People work hard and long for their assets yet a lot of this hard work could be undone if we do not plan for our own mortality. Some things all people should thing about regarding estate planning: When was the last time your estate plan was reviewed, do you own property in multiple states, do your beneficiary designations match your estate plan, are your assets title in a way that match or compliment your estate plan, has your family circumstances changed, new family members or children now over the age of majority. These are just some of the questions one should think about when think about estate planning.

We started QuadCap Wealth Management, LLC to focus on a highly personalized comprehensive counseling program that is driven by dedicated personal service. Our firm provides in depth comprehensive financial counseling that covers all areas of your financial affairs, such as employee benefits planning, tax planning and preparation, asset allocation strategies, estate planning and wealth transfer strategies, as well as risk mitigation strategies.