- Tax Planning
- Investments 1: Before you Invest
- Investments 2: Your Investment Plan
- Investments 3: Securities Market Basics
- Investments 4: Bond Basics
- Investments 5: Stock Basics
- Investments 6: Mutual Fund Basics
- Investments 7: Building Your Portfolio
- Investments 8: Picking Financial Assets
- Investments 9: Portfolio Rebalancing and Reporting
- Retirement 1: Basics
- Retirement 2: Social Security
- Retirement 3: Employer Qualified Plans
- Retirement 4: Individual and Small Business Plans
- Estate Planning Basics
- Introduction
- Understand the Principles of Estate-Planning
- Understand the Importance of Estate Planning and the Goals of Estate Planning
- Understand the Estate-Planning Process
- Know How Trusts Can Be Used to Your Advantage in Estate Planning
- Understand the Importance of Wills and Probate Planning
- Summary
- Assignments
Case Study #4
Data:
Anne Smith had a $2,500,000 net worth at the time of her death in 2009. In addition, she had a $250,000 whole life policy with a $40,000 of accumulated cash value; her niece was designated as the beneficiary. She also had a $50,000 pension plan benefit.
Calculations:
A. What was the value of Anne’s gross estate?
B. How much of her estate is taxable?
C. How much estate tax will need to be paid?
D. How much of her estate must pass through probate?
