Advanced Underwriting Consultants

Question of the Day – October 16

Ask the Experts!

Here’s the question of the day.

Question:  Are there any online calculators available for my client to estimate her federal estate tax liability?

Answer:  Yes.

Impact Technologies, which sells estate tax planning software, has a simple calculator for federal estate taxes that might apply to a single person or married couple.  You can find it here.

For those who are worried about state estate taxes, some state revenue departments also provide online calculators to estimate the death tax liability.  For example, Minnesota’s Department of Revenue provides one here.

Have a question for the professionals at AUC?  Feel welcome to submit it by email.  We may post your question and the answer as the question of the day.