estate tax planning

<h1 align="center">  <em>estate tax planning</em></h1> <h4> <align="center">  <em>Retirement Financial Advisor</em></h4> <P>Estate tax planning is critical to preserving your wealth for future generations. You nwant to know your potential estate tax liability is a great place to start your estate tax plan. This calculator can help you estimate your estate tax liability for 2005. You can also use it to project the value of your estate, and the associated estate tax, for the next ten years. </p> <P>Estate tax calculation<br> Estate taxes are set to decline over the next few years and completely eliminated them in 2010. In 2011, unless a new estate tax bill is passed by Congress, we revert back to the old rules that were in effect in 2001 and the estate exemption reverts to $1 million. The estate tax rate table will remain the same for the entire period, however the maximum tax rate will be gradually reduced from 55% to 45% over the next ten years. In addition, the Estate Tax Exemption increases gradually to $3.5 million in 2009. Estate taxes are then officially repealed for 2010, but could come back in 2011, with the rules that were in effect in 2001. <br> Here is a simple example of calculating your estate tax. Let's assume it's 2005 and your estate is worth $6,000,000: </p> <P>You pay no estate taxes on the amount under your exemption amount. This means that the first $1,500,000, of your estate would be tax free in 2005.</p> <p>Using the Estate Tax Rates Table, we find that $1,500,000 to $2,000,000 is taxed at 45%, which produces a tax of $225,000.</p> <p>Again using the Estate Tax Rates Table, we find that $2,000,000 to $2,500,000 is taxed at 49%, except that this rate exceeds the maximum rate of 47% in effect for 2005 (see the Exemptions and Maximum Tax Rates). Hence, we need to use the lower rate of 47% for this range. This produces a tax of $235,000.</p> <p>The remaining estate over $2,500,000, which in our example is $3,500,000, is also taxed at the maximum allowed rate of 47%. This produces a tax of $1,645,000.</p> <p>Senior citizens and retirees have concerns and issues about retirement income. And that's understandable as they no longer work and must depend on sources such as social security income. http://www.retirement-financial-advisor.com/site_map.html. Retired people and those over 60 have special concerns and should seek out a financial advisor who specializes in financial management for retirees. An increasing number of financial planners have this training, such as those who hold the Certified Retirement Financial Advisor credential. http://www.retirement-financial-advisor.com/crfa_syllabus.html. Financial planning in retirement has requires special consideration which these specially trained financial managers can assist with. <br> </p> <p>Trained financial planners help with retirement planning and investing retirement funds. These tasks are so critical when someone has ceased working because asset protection be comes a paramount goal. http://www.retirement-financial-advisor.com/crfa.html. People over 60 or retired people can simply no afford to lose principal. And although most people agree with this intellectually, many seniors and their advisors learned this the hard way in the bear market of 2000-2002. Financial planners trained to management retirement assets know not to take these risks because the stock market volatility must be approached with high caution one you are retired. http://www.retirement-financial-advisor.com/estate_planning.htm<br> </P> <P> A retirement planner also focuses on adequate retirement income using various income instruments such as bond mutual funds, bond funds, preferred shares, individual bonds, income annuities and even possibly "structured notes." http://www.retirement-income.net. He will usually prepare a retirement plan first. That plan could include recommendations for the above instruments as well as how to obtain high CD interest rates and bank interest rates. The end goals is to maximize income protection, asset protection and insure a secure and comfortable retirement. http://www.retirement-financial-advisor.com/index.html. <br> <br> </p> <blockquote> <p><em>If you are searching for any of the following topics:</em><ul> </ul> <p><em>You can find much more <strong>information by visiting</strong> <a href="http://retirement-financial-advisor.com">retirement-financial-advisor.com</a>. Please <a href="http://retirement-financial-advisor.com"><strong>click</strong></a> to visit our site. Here is why you should visit us:</em></p> </blockquote> </body>