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.)

$

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.)

$
 
   
   
Ronald A. Harczak
451 Dunham Rd, Ste 500 ------------------ Please note our NEW address • St Charles, IL • 60174
Phone: (630) 513-4600
Toll Free: (866) 513-4600		 • Fax: (630) 513-5170
• Ron@RonHarczak.com

Investments are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested.

Securities offered through:  Securities America, Inc.  Member FINRA and SIPC
Ronald A. Harczak, a Registered Representative
Advisory services offered through:  Securities America Advisors, Inc., a SEC registered Investment Advisory Firm
Ronald A. Harczak, a Registered Investment Advisor Representative
 
2570 Foxfield Road, Suite 101, St. Charles, IL  60174
Office:  630-513-4600
 
This website is neither an offer to buy nor a solicitation to sell securities.  Representatives are licensed to discuss and/or sell securities in the following states:  AE,AL,AR,AZ,CA,CO,CT,DE,FL, GA,IL,IN,LA,MD,MI,MO,NC,NV,OH,OR,OK,PA,SC,TX,VA,WA,WI and WY
Representatives are licensed to discuss and/or sell insurance in the following states:  AR,AZ,FL,IL,IA,IN,MI,,SC,. Arkansas Ins. License 347303.