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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Extended Personal Service, Ltd
North 3000 County Hwy BB • Columbus, WI • 53925
Phone: 800-927-5588 or 608-698-6896 • Fax: 920-927-5581
• Denise@EPSFinancial.com

 Advisory Services and Securities offered through Lincoln Investment Planning, Inc.  

Registered Investment Advisor, Broker/Dealer, Member FINRA/SIPC

Branch Office:  3000 North County Hwy BB, Columbus, WI  53925     (800) 927-5588

Supervising Office: Suite A, 3340 Annapolis Lane North, Minneapolis, MN 55447  (763) 512-1680 

Extended Personal Service and Lincoln Investment Planning are independently owned and each is responsible for its own business.

Advisory services and securities offered to residents of the State of Wisconsin; any offers herein are not being specifically directed to any persons in any state other than the state of Wisconsin for which the Financial Representative is registered;  and advisory services and securities cannot be offered or sold until they are registered in the state and a final prospectus is delivered to investors in the state prior to any sales.  Although most states acknowledge the disclaimer procedure, it may not be universally accepted.  Information on this site is not meant to be personalized investment advice;  therefore, you should contact Extended Personal Service for individualized needs.  When you link to any of these websites provided here, you may be leaving this site.  We make no representation as to the completeness or accuracy of information provided at these sites.  Nor are we liable for any direct or indirect technical or system issues or consequences arising out of your access to or use of these sites, you are leaving www.epsfinancial.com and assume total responsibility for your use of the sites you are visiting.

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