Estimate estate tax exposure and the net amount passing to beneficiaries.
Tax applies only above the threshold, so the effective rate on the whole estate is well below the headline rate. Charitable gifts reduce the taxable estate and in some jurisdictions also reduce the rate applied. Thresholds, reliefs and rates differ enormously between jurisdictions, and lifetime gifting rules often affect the outcome more than the threshold itself.
Estate Planning
Tax = (net estate − charitable gifts − threshold) × rate
This is a general illustrative estimate and is not legal advice. Laws, formulas and guidelines vary substantially by jurisdiction and change over time, and courts retain discretion. Consult a qualified lawyer in your jurisdiction before relying on any figure here.
Tax = (net estate − charitable gifts − threshold) × rate Tax applies only above the threshold, so the effective rate on the whole estate is well below the headline rate. Charitable gifts reduce the taxable estate and in some jurisdictions also reduce the rate applied.
Thresholds, reliefs and rates differ enormously between jurisdictions, and lifetime gifting rules often affect the outcome more than the threshold itself.
This calculator takes 6 inputs: Gross estate value, Debts and liabilities, Tax-free threshold, Estate tax rate above the threshold, Charitable gifts, Number of beneficiaries. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.