| Estimated
Cost of No Estate Tax Planning
Combined
property of husband and wife in 2002-2003 over $1,000,000, with
simple will or joint tenancy ownership passing everything to surviving
spouse.
***based on 2002-2003 law presuming
$1 million unified credit
|
Estimated
value of my/our estate including face value of life insurance
and lump sum value of employee benefit plans.
|
$_______________
|
Estimated
Federal Estate taxes at your death or death of survivor of
you and your spouse (use chart below)
|
$_______________***
|
| |
***plus
probate fees and administrative expenses at death
|
| SIZE
OF ESTATE |
FEDERAL
ESTATE TAX |
| $1,100,000 |
$41,000 |
| $1,200,000 |
$82,000 |
| $1,300,000 |
$124,000 |
| $1,400,000 |
$167,000 |
| $1,500,000 |
$210,000 |
| $1,600,000 |
$255,000 |
| $1,700,000 |
$300,000 |
| $1,800,000 |
$345,000 |
| $1,900,000 |
$390,000 |
| $2,000,000 |
$435,000 |
|