More examples in Estate Planning/Tax Planning
Discount Dollar Plan for Married Couples for Various Estate Sizes and Ages for Tax Planning Example
SmartDraw includes thousands of professional-looking diagrams like this that you can easily edit and make your own.
Text in this example:
Discounted Dollar Plan for Married Couples
for Various Estate Sizes & Age *Based on Current Estate Tax Exclusion (2007-2008)
** Assuming Best Risk Category. Size of Estate* Approximate Federal & State Tax Liability Joint and Survivor Discounted Dollar Plan (Minimum Continuous Annual Premium) 55 65 75 85 $2,000,000 $4,000,000 $5,000,000 $460,000 3,270 5,326 9,079 21,916 $6,000,000 $920,000 6,292 10,404 17,908 43,583 $8,000,000 $1,380,000 12,337 20,560 35,567 86,918 $10,000,000 $2,760,000 18,382 30,716 53,225 130,253
for Various Estate Sizes & Age *Based on Current Estate Tax Exclusion (2007-2008)
** Assuming Best Risk Category. Size of Estate* Approximate Federal & State Tax Liability Joint and Survivor Discounted Dollar Plan (Minimum Continuous Annual Premium) 55 65 75 85 $2,000,000 $4,000,000 $5,000,000 $460,000 3,270 5,326 9,079 21,916 $6,000,000 $920,000 6,292 10,404 17,908 43,583 $8,000,000 $1,380,000 12,337 20,560 35,567 86,918 $10,000,000 $2,760,000 18,382 30,716 53,225 130,253