Estate and Charitable Planner LIVE
  • Estate and Charitable Planner LIVE (Web App)
    $495.00

    Two of our most popular programs have merged to create the new Estate and Charitable Planner LIVE.  This new web application has all 110+ models from our popular Estate Planning Tools desktop program combined with the entire catalog of models from Charitable Financial Planner.  In addition, three SECURE Act strategies have been added under the Retirement category! This product now contains 120+ models!  Even more exciting, this new product has an introductory price of $495 for a single initial license that includes six months of maintenance coverage. Future annual renewal coverage is only $295 for a single license.  

    Requirements:  It is recommendeded to have the latest version of your modern browser installed.  You will need to have your browser settings adjusted to allow popups and cookies.  When purchased, instructions to modify your browser settings (if needed) can be found on your dashboard next to where you launch the application.

    For multiple licenses or enterprise licensing, please call 803-781-9595.

    Highlights

    • Run the entire catalog of models in any operating system (Mac or Windows).
    • Most popular modern browsers are supported (Firefox, Edge, Chrome, Safari).
    • Application also runs on most mobile devices (iOS, Android).
    • Gift Annuity model has been updated to reflect new effective rates for 7/1/2020.
    • Never worry if you are running the current version! Seamless online updates.

     

Screenshots

Main Menu  Menu2  CRAT  GRAT  Estate Tax Screen  Charitable Gift Annuity  Retirement Assets Buy Insurance  CRAT Named Beny of IRA   Interrelated Estate Tax  Private Annuity  Rolling GRAT  Rolling GRAT'

Reports

Description

Estate Planning Tools (desktop) is the nation’s most extensive estate planning software for estate planning attorneys, bankers, financial planners and advisors. With over 110 dynamic planning models in 15 different areas, Estate Planning Tools contains all the calculations necessary for you to advise your clients on how to fulfill their goals and determine which options will work best for the future of their clients with the utmost of confidence.

Charitable Financial Planner (desktop) contains several models that are found in Estate Planning Tools, but expands on several of them to include things such as income tax reports, capital gains tax, and tax savings.  In addition, there are 3 models that are not found in Estate Planning Tools - Pooled Income Fund, Charitable Remainder in Farm/Residence, and Charitable Gift Annuity.  The Charitable Gift Annuity is so robust, it could be a program in and of itself - the desktop has historical rates based on effective dates going back to the 1990's, while the web application currently has historical rates dated back to February 2009. 

The SECURE Act strategies that are in the application help advisors with alternatives to the Stretch IRA.  With the SECURE Act, Stretch IRAs are only allowed for Exempt beneficiaries.  These strategies implore ideas on how to structure IRAs to show the most net benefit. 

All of this, in one application that you can use anywhere!

 

 

Models

 

Estate Planning Tools                                   

Valuation

Capitalization of Income   
Valuation Through Comparable Stock
Book Value Method
Goodwill Valuation
Key Employee Valuation
Special Use Valuation
Financial Planning Ratios

Tools of Estate Planning

Inclusion of CRAT, CRUT, GRAT or GRUT
Self-Canceling Installment Note
Private Annuity
Annuity, Life Estate and Remainder Factors
Simplified GSTT Worksheet
Total Cost of GST Transfer
Qualified Tuition Programs
Gift Loans

Trusts

GRIT and Qualified Personal Residence Trust (QPRT)
Grantor Retained Annuity Trust (GRAT)                                Rolling GRAT                                                                          Grantor Retained Unitrust (GRUT)
IDIT Installment Sales
Dynasty Trust
Split Interest
Bypass Trust Computation
Contingent Reversion

Charitable

Charitable Remainder Annuity Trust (CRAT)
Charitable Remainder Unitrust (CRUT)
Charitable Lead Annuity Trust (CLAT)
Charitable Lead Unitrust (CLUT)
Charitable Gift Annuity
Pooled Income Fund
Charitable Remainder in Residence/Farm
Naming Charity Beneficiary of Group Term Ins.
Interrelated Estate Tax

Estate Planning Techniques

Estate Tax Advantage of Gift Tax Exclusion
Section 6166 Installment Payment of Estate Tax
Business Owner’s Section 2057 Estate Tax Deduction
Substantially Disproportionate Redemptions
Section 303 Stock Redemptions
Installment Sale
Group Term Life Cost
Advantage of Income Shifting

Taxes

Gift and Estate Tax Computation
Prior Gifts
Projection of Estate Tax
Marital Deduction Optimization
Table 2001 Cost
Tax on a Net Gift
Individual Income Tax
Corporate Income Tax

Retirement

Lump Sum Distributions
Retirement Plan Taxation
Pre-59½ Distributions
Determination of Cash Requirements
CRAT Named as IRA Beneficiary
CRUT Named as IRA Beneficiary
Retirement Accounts Buy Insurance

Present and Future Value

Present Value of an Annuity
Present Value of a Lump Sum
Deferred Compensation
Future Value of an Annuity
Future Value of a Lump Sum
Deposit Growth
Life Expectancy
Chance of Survival

§199A Deduction

§199A Deduction for an SSTB or non-SSTB
§199A Deduction when Several Passthrough Entities are Owned
§199A Deduction for Estate and Non-Grantor Trust Allocations
Impact of Retirement Plan Contribution on §199A Deduction
C Corporation vs. S Corporation
W-2 Employee vs. Independent Contractor Analysis
§199A(g) Deduction for Specified Agriculture or Horticulture

Financial Planning Tools                             

Investment

Common Stock Calculator
Comprehensive Bond Calculator
Annual Rate of Return
Investment and Cash Flow Analyzer
Holding Period Return Calculator
Present Value of Investment
Internal Rate of Return

Inflation

Erosion of Purchasing Power
Fundlife Calculator
Inflation-Adjusted Income and Asset Analysis
Income Due to an Investment Fund
College Cost Estimator
Lump Sum Needed for Increasing Annuity
Contributions Required to Reach a Goal

Real Estate

After-Tax Return on an Investment
Amortization Schedule
Break-Even Period Refinancing
Mortgage Comparison Schedule
Double Payments on Retirement of a Mortgage
Break-Even Interest Rate Comparison
Mortgage Payment Calculator
Loan Payment

Insurance

Rate of Return on Life Insurance
Net Cost of Life Insurance
Net Clear Death Benefit
Insurance Needs Analysis
Total Cost of Group Term Life Insurance
Business Buyout Analyzer
Need for Business Interruption Insurance
Death Benefit Rate of Return

Net Worth

Net Worth Analysis and Projector
Security Portfolio Analyzer
Taxable Social Security Benefits Under OBRA ‘93
Periodic Withdrawals from an Investment
How Compounding Builds Net Worth
Future Value of Increasing Payments

Financial Goals

Summary of Financial Objectives
Accumulation Planning Worksheets
Educational Funding Analysis
Retirement Analysis
Social Security Benefits
Present Value of Future Retirement Benefits
Federal Estate Tax Discount
Income-Related Medicare Premium Adjustment

Budgeting

Income and Expenses Report
Monthly Cash Flow Report
Dividend and Interest Income Report
Term of Loan Calculator
After-Tax Return and Cost Calculator
Cost of an Outlay
Extra Loan Payment Analyzer

 

 

Version Information

2020.10 

  • Added new model - Rolling GRAT. This model can be found under the Trusts category. The model shows the impact of having consecutive GRATs created with the annuity payouts funding the new GRAT, and the remainder going to beneficiaries.
  • CRUTIRA: IRA Names CRUT as Beneficiary. The model was setup to always optimize the payout based on the highest payout that would pass the 10% test. An option has been added to allow the user to turn this off, and enter a payout percentage between 5% and 50%. Its still suggested, for the scope of the model, to use the optimization to illustrate the most benefit going to the heirs. In addition, a minor tweak to the summary report was made to not show a Charitable Deduction from the CRUT if the Gross Taxable Estate is less than the Federal Exclusion for the year. In this situation, no estate tax would be calculated, and thus, removing the deduction leads to less confusion.
  • Special Use Valuation model: Updating to reflect the 2020 rates released in September 2020.
  • Data files: encryption. Prior to 2020.10, the files were not using 64 bit encryption.

Product Comparison

ECP Live Comparison Guide