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. In 2012, only estates valued at more than $5.12 million (or $10.24 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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certified financial planner CFP investment adviser wealth manager orlando, winter park florida
157 East New England Ave Suite 340
 • Winter Park, FL • 32789
Phone: 407.645.1639 • Fax: 407.644.6794

Advisory Services are offered through Michelle Ogden & Company LLC  

157 E New England Ave, Suite 340 Winter Park, FL 32789

Michelle Ogden, CRPS® , CFP® 

Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

Viewers of the Michelle Ogden & Company LLC Website, agree to the following: Proper investor advice depends upon a complete analysis of all facts and circumstances. The information available on and through this website is in the nature of general informational purposes and investor education, it is not investor advice. You cannot rely upon it as pertaining to your specific investment situation. Viewers of this website should consult their own financial advisors, legal counsel, certified public accountants and conduct their own due diligence before making any financial decisions. This website is not a solicitation or offer to buy or sell any product or service, any security, any group of securities or any investment advisory services with regard to securities.  Michelle Ogden & Company LLC believes the sources to be reliable, however the accuracy and completeness of the information is not a guarantee. Viewers also understand that past performance is not a guarantee of future results and no investment strategy can guarantee profits or eliminate the risk of investment losses.

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