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ESTATE PLANNING CALCULATOR
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Leave a Gift Without Diminishing the Assets Available to
You During Your Lifetime!
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- your assets and liabilities
- how much of your estate could be lost to taxes if your estate had to be settled this year
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1. Estimate Your Assets and Liabilities |
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If you know the value of your estate, skip to the field labeled TOTAL ESTATE and enter it there.
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ASSETS (examples in parenthesis) |
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Cash (checking, savings, money markets) |
$ |
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Securities (stocks, bonds, mutual funds) |
$ |
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Other Quick Assets (stock options, loans receivable) |
$ |
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Business Interests (general/lmtd. partnerships) |
$ |
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Investments (IRA, Keogh, pension, profit-sharing acct.) |
$ |
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Real Property (homes, income-producing property) |
$ |
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Personal Property (autos, jewelry, boats, antiques) |
$ |
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Other Assets |
$ |
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TOTAL ASSETS = |
$ |
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LIABILITIES (examples in parenthesis) |
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Mortgage/trust Deed Loans |
$ |
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Loans (auto, bank, private) |
$ |
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Charge Accounts |
$ |
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Funeral/Probate Costs |
$ |
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Unsettled Damages/Claims |
$ |
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Other Liabilities |
$ |
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TOTAL LIABILITIES = |
$ |
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2. Estimate Your Taxes |
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Total Assets |
$ |
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less Total Liabilities |
$ |
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TOTAL ESTATE = |
$ |
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ESTATE LOST TO TAXES = |
$ |
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A gift to Delta State can reduce your taxes and still leave a generous inheritance for your heirs. Contact
Keith Fulcher for more information.
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Important:
Calculations assume individual is single or widowed. Estate tax calculations
for married individuals can vary significantly from this illustration.
This educational illustration is not professional tax or legal
advice; consult a tax advisor about your specific situation.
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