Estate Taxes  
Taxes are an important consideration in distributing your estate because the money your estate pays in taxes will not be available to your heirs. Each estate is allowed a federal estate tax exemption — an amount that can pass transfer-tax-free, either through lifetime gifts or at death. The 2010 Tax Relief Act reinstated the federal estate tax. In 2012, only estates valued at more than $5.12 million (or $10.24 million for some married couples) may be subject to the federal estate tax. If upon your death the total value of your estate is less than the applicable exemption amount, no federal estate taxes will be due.

You can use this calculator to estimate the taxable value of your estate and the approximate amount of federal estate taxes that could be owed.
     

Gross Value of Estate (Included in the gross estate are items such as real estate, stocks and bonds, insurance on the decendent's life, annuities, and miscellaneous property.)

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Allowable debts, expenses, deductions (Allowable debts are only valid debts owed by the decedent at the time of death. Allowable expenses may include funeral costs and expenses incurred in administering certain property. You may be able to deduct charitable bequests and certain losses that occur during the settlement of the estate.)

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Stone Financial And Tax Center
400 N. Main St., Ste. 1
Harrison, AR 72601
(870) 743-2588 phone
(870) 743 - 6928 fax
115 A East Van Buren
Eureka Springs, AR 72632
(479) 253- 7892 phone
(479) 253- 5320 fax
 • , AR • 72601
• sstone@stonefinancialcpa.com

  Scott Stone is a registered representative registered to transact business with clients in Arkansas, Missouri and Kansas and retains his advisory licensed in Arkansas, Missouri and Kansas.  Scott is also an insurance agent licensed in Arkansas.   If you are not a resident of the states noted above, all investment-related information on this site is for informational purposes only and does not constitute a solicitation or offer to sell securities or insurance services over the internet. Securities offered through H.D. Vest Investment ServicesSM, Member: SIPC, Advisory Services offered through H.D. Vest Advisory Services SM, 6333 North State Highway 161, Fourth Floor, Irving, TX 75038, 972-870-6000.

Investments & Insurance Products

 Stone Financial & Tax Center is not a registered broker/dealer or independent investment advisory firm.