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E S T A T E D I S T R I B U T I O
N F L O W C H A R T
(Tammy Predeceasing Mathew on Dec
31, 2009)
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The
McCartheys
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-At
Tammy's Death-
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Simple
Will
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Gross
Assets -T
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Sample
Plan
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$1,190,525
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100.0%
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Estate
Tax
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0
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Shrinkage
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$0
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.0%
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Remaining
Assets
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$1,190,525
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100.0%
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Left
to Mathew
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/
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Left
to
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$1,190,525
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Trust
and Heirs
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$0
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-When
Mathew Dies-
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Own
Assets - M
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$1,452,076
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Gross
Assets
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$2,642,601
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Debt
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$432,592
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Estate
Tax
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0
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Shrinkage
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$432,592
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16.4%
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Available
To
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Trust
& Heirs
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$2,210,009
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Remaining
Assets
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83.6%
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---------->
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83.6%
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$2,210,009
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\
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Total Shrinkage
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16.3%
From T + M
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An Estate Flow Chart illustrates how assets are distributed at death of either the client or the spouse.
Express provides 3 types of will illustrations, a Simple All padding will, a UTC Credit shelter will (A/B will), and an Optimum Will.
The advisor can choose what ever year in the future to illustrate the estate tax liability, and can choose to “Sunset” the estate tax or keep
it in place. If the advisor chooses a UTC shelter will, Express will fund an A/B will at the death of the first spouse up to the UTC for the
given year chosen, based on available liquid assets owned by the spouse who dies first.
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