Estate Planning Tools
  • Estate Planning Tools (Desktop App)
    $595.00

    Estate Planning Tools is the nation’s most extensive state 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. Through our detailed, yet versatile cutting-edge calculators, Estate Planning Tools offers flexible solutions to any firm, regardless of size.

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    Category: Estate Planning

Description

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Estate Planning Tools is a comprehensive program that handles several areas:

  • Valuation
  • Tools of Estate Planning
  • Trusts
  • Charitable Gifts
  • Retirement
  • Present and Future Values
  • §199A Deduction
  • Investments
  • Inflation
  • Real Estate
  • Insurance
  • Net Worth
  • Financial Goals
  • Budgeting

Estate Planning Tools is priced at $595 for a single initial license, including six months of coverage (updates sent as released based on tax law changes). Future annual renewal coverage is $179 for a single license.

A current desktop version of Windows is required.

We guarantee your satisfaction with a 30-day money back guarantee.

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

 

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)
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)
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

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

Screen Shots

Main Menu     Estate Screen        Interrelated Estate Tax    §199A    Prior Gifts     CRUT     GRAT    IRMAA    Private Annuity

Sample Reports

Estate Tax Report

Individual Income Tax

Interrelated Estate Tax

§199A Deduction

Prior Gifts

CRUT

GRAT

IRMAA

Product Comparison

Product Comparison

Version History

Version 2020.02 (Released 08/12/2020)

  • QPRT model: the supplemental table shown based on changes in term of trust and grantor age had an issue when the §7520 rate was under 1.0%.
  • Early model: there was a typo in a hint line, suggesting the user to use the 120% Midterm AFR, but displayed the §7520 rate.
  • Future model: (Financial Planning section) the label on screen for the Future Value of the Investment used slightly different rounding than the result in the schedule.
  • Print Preview feature: added to the program speedbar.
  • Estate model: added the ability to expand the summary report on the tab group.
  • IDIT model: added a growth input and fixed a minor display issue on the report, where it reported the §7520 rate does not match the transfer date.
  • CLUT model: payout percentage has significant digits increased from 3 to 5.
  • CRUT model: payout percentage has significant digits increased from 3 to 5.  The optimization is now handled by a toggle input, no need to press Optimize after every input change.  Minor UI layout changes.
  • CRAT model: payout percentage has significant digits increased from 3 to 5.  The optimization is now handled by a toggle input, no need to press Optimize after every input change.  Minor UI layout changes.   
  • CLAT model:  payout percentage has significant digits increased from 3 to 5.  The Zero Remainder optimization is now handled by a toggle input, no need to press Optimize after every input change.  Modified the algorithm for Term with increasing Annuity Payouts.  Minor UI layout changes.
  • GRAT model: payout percentage by default has been 5 significant digits, but will now increase based on the FMV of the Trust to reflect better precision.  Modified the Term with Increasing Annuity Payout algorithm.
  • AFR Handling: efforts were made to optimize AFR behavior, mostly with network installs.  A help topic has been added for AFR FAQs, located under the Edit->AFR menu.
  • Installation changes were made to reduce issues where an uninstall was not working.

Version 2020.01 (Released 04/30/2020)

  • Estate Tax models, where states utilize the Deceased Spouse Unused Exclusion (DSUE) in their calculations, the maximum state DSUE allowed has been set to the state exclusion.  This impacts HI and MD.
  • Private Annuity model has been modified to accept §7520 rates under 1%.
  • CRAT model has been modified so that the §7520 and the 77-374 Tests can both accept §7520 rates under 1%.
  • Inclusion model has been modified to allow for the Annual Payout Rate to go below 1% (for CRUT/GRUT calculations).

Version 2020.00 (Released 03/05/2020)

  • 2020 Income & Estate Tax Adjustments Included That Impact 15+Models.
  • Updated Help Files.
  • The Brentmark State Death Tax Manager (SDTM) Has Been Updated To Include Changes For:
    • CT, DC, HI, ME, RI, NY and VT.
  • IRMAA Module Has Been Updated For 2020 Medicare Tables.
  • The Estate Model Has Been Enhanced With Several New Inputs To Expand The Calculation.
  • The CLAT Model Has A New Option To Select Between Two Different Economic Schedule Calculations.
  • New Alert System Notifying The User When A Newer Version Has Been Released.
    • When The Alert Is Activated: It Will Provide Information On How To Get The New Version.
  • A News Channel Has Been Added To Keep Users Current On All Brentmark Releases, Including Brentmark’s State Death Tax Manager (SDTM) Data Files.
  • New Software Has Been Implemented To Streamline The Installation Process.
  • Executable And Installation Files Are Now Signed With An EV Code Signing Certificate To Improve Security.
  • Brentmark’s AFR Manager Has Been Added Under The “Edit” Menu, Allowing For Manual Download And Diagnositics.
  • Several Display and User Input Behavior Issues Have Been Improved And Resolved.



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