Please complete items 1
through 5 below. Do not enter any information in the other lines, as
these lines are automatically calculated. Also, do not type
any commas or periods.
1. Life insurance proceeds.
(Do not include proceeds that are protected by a life insurance trust.)
2. Pension, profit-sharing, IRA, and other
3. All other assets.
This is your gross estate.
5. Charitable bequests.
This is your taxable estate.
If you are single, this is the estate tax payable at
death. If you are married and the two of you leave all of your property
to each other, this is the estate tax payable at the second death.
Potential benefit of bypass
If you are married and each of you owns half of the
listed above, this is the amount your heirs might save if you add a bypass trust to your will or
calculator cannot be used as a substitute for legal
advice. The calculator assumes that you die in 2012 and make no
significant lifetime gifts. If you are married, the calculator assumes
that you and your spouse each own half of every asset. The calculator
makes other important (and potentially wrong) assumptions about your
estate. The calculator computes federal estate tax, without regard to
the federal deduction for state death taxes. The tax due in any given
case may be substantially higher or lower than is shown above, and may
vary depending on your state of residence.