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COMPREHENSIVE
ESTATE TAX REPORT
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Matthew & Tammy
McCarthey
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Sample
Plan
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Date:
Dec 31, 2011
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Matthew
Predeceasing
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Tammy
Predeceasing
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Under
Present Will
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Tammy
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Matthew
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Matthew's
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Tammy's
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Tammy's
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Matthew's
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Estate
|
Estate
|
Estate
|
Estate
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Individually
Held Assets
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112,151
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105,825
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105,825
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112,151
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Share
from Joint Assets
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823,434
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1,646,868
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823,434
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1,646,868
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Life
Insurance Proceeds
|
600,000
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350,000
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350,000
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600,000
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Assets
Received from Spouse
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0
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712,151
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0
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455,825
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Gross
Estate
|
1,535,585
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2,814,844
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1,279,259
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2,814,844
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Joint
Liabilities
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220,731
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441,462
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220,731
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441,462
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Adjusted
Gross Estate
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1,314,854
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2,373,382
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1,058,528
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2,373,382
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Marital
Deduction
|
1,314,854
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0
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1,058,528
|
0
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Taxable
Estate
|
0
|
2,373,382
|
0
|
2,373,382
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Total
Taxable Amount
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0
|
2,373,382
|
0
|
2,373,382
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Fed
Tax Before Credit
|
0
|
811,484
|
0
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811,484
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Unified
Tax Credit
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0
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811,484
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0
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811,484
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Combined
Tax
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0
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0
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