Estate Taxes  
Taxes are an important consideration in distributing your estate because the money your estate pays in taxes will not be available to your heirs. Each estate is allowed a federal estate tax exemption — an amount that can pass transfer-tax-free, either through lifetime gifts or at death. The 2010 Tax Relief Act reinstated the federal estate tax. Through 2012 only estates valued at more than $5 million (or $10 million for some married couples) may be subject to the federal estate tax. If upon your death the total value of your estate is less than the applicable exemption amount, no federal estate taxes will be due.

You can use this calculator to estimate the taxable value of your estate and the approximate amount of federal estate taxes that could be owed.
     

Gross Value of Estate (Included in the gross estate are items such as real estate, stocks and bonds, insurance on the decendent's life, annuities, and miscellaneous property.)

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Allowable debts, expenses, deductions (Allowable debts are only valid debts owed by the decedent at the time of death. Allowable expenses may include funeral costs and expenses incurred in administering certain property. You may be able to deduct charitable bequests and certain losses that occur during the settlement of the estate.)

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Royal Alliance Associates, Inc.
17263 Wild Horse Creek Rd., Suite 202 • Chesterfield, MO • 63005
Phone: 636.230.3900 • Fax: 636.449.8078
• david@dawatsonco.com

 

 

 

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  *David A. Watson is a Registered Representative of and offers securities products & services through Royal Alliance Associates, Inc., Member FINRA/SIPC , a registered broker-dealer. In this regard, this communication is strictly intended for individuals residing in the states of CA, DE, FL, IA, IL, IN, MO, NC, NY.  No offers may be made or accepted from any resident outside the specific states referenced.

 

David A. Watson is separately registered as an Investment Advisor Representative under Pines Wealth Management, LLC, a Registered Investment Advisor.  Pines Wealth Management, LLC is not associated with Royal Alliance Associates, Inc.  D. A. Watson & Company is not affiliated with Royal Alliance Associates, Inc. or registered as a broker-dealer or investment adviser.

 

Insurance placed through The Blue Chip Consortium, LLC. not affiliated with Royal Alliance Associates, Inc. or registered as a broker dealer or investment advisor.

 

 

IMPORTANT CONSUMER INFORMATION:

A broker-dealer "BD", investment adviser "IA", a BD agent or IA Representative may only transact business in a state if first registered in that state, or is excluded or exempt from registration in that state as a broker-dealer, investment adviser, BD agent or IA representative, as appropriate.  Follow-up, individualized responses to persons in a state by such a firm or individual that involve either effecting or attempting to affect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made without first complying with appropriate registration requirements, or an applicable exemption or exclusion.

 

For information concerning the licensing status or disciplinary history of a broker-dealer, investment adviser, BD agent or IA rep, a consumer should contact their state securities law administrator.