David Blair, QuadCap Wealth Management, Explains Changes to Taxing Of Trusts and Estates

Online, March 8, 2011 (Newswire.com) - David Blair, President of QuadCap Wealth Management, LLC recently outlined and explained the changes to the tax treatment of Trusts and Estates. The tax bracket percentage rates are the same as in previous years. There is still a 15%, 25%, 28%, 33%, and 35% bracket. The changes are in the income level of the trusts or estates to move between tax brackets. The income amount for the lowest tax bracket is $2,300 or less. For the 25% bracket, the new income range is $2,300 to $5,450. For 28%, the bracket is now $5,450 to $8,300. For 33%, the bracket is now $8,300 to $11,350. And lastly, for 35%, the bracket is now $11,350 plus.

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