Compass

Simple and Effective Estate Tax Calculator (2/27/19)

This tool allows you to inflate the estate value over time and fosters great discussion with clients.

Why the importance? Today’s estate tax exemption is $11,400,000 per person, indexed up from a base of $10,000,000. Absent an extension by Congress, that number drops back to $5,000,000 (again, indexed for inflation) in 2026. The lower exemption re-opens a lot of the estate planning market. 

 Meanwhile, what about deploying some or all of today’s higher exemption? The IRS has said no clawback (see article above), so that clearly makes a lot of sense.