ESTATE TAX CALCULATOR To determine the need for complex estate planning, complete the following steps: (1) Estimate the gross estate including face value of most death benefits: $ __________
(2)
Deduct the value of properties excluded from the taxable estate, debts and estimated costs of funeral and estate settlement: $___________
(3)
Compare the exemption or exemption equivalent amounts; if the balance of the estate exceeds either, you should consult an attorney regularly involved in tax planning as well as estate planning. $___________
Balance of Estate