CAUTION: Do NOT rely on the results from this calculator to make financial decisions. Interest rates vary and the tax laws change regularly. Please contact us for assistance with your specific concerns.
Me
pay estate tax? No way, you say? While its true the 2001
Tax Relief Act eventually repeals the estate tax, it doesn't
happen until 2010. Between now and then, the amount exempt from
tax will gradually increase, but only the top estate tax rates
will decrease. Also, a special provision reinstates estate taxes
in 2011 at pre-2001 law amounts unless Congress changes the law.
Where does your estate stand? Enter the numbers and see for yourself. (Don't forget to add your life insurance proceeds to your estate if you are the owner of the policy.)
