ES: THE ESTATE PLAN ANALYZER
WHY DO ESTATE PLANNING?
YOU HAVE HEARD BEFORE, OVER AND OVER AGAIN, THAT EVERY PERSON NEEDS A WILL.
THE ANSWER TO THIS QUESTION ENTAILS THREE RESPONSES:
So the transfer of your assets to your heirs is performed in the manner
which you choose;
To save taxes; and
To provide for sufficient liquidity.
ES was created to analyze various alternatives available with the
idea of saving taxes and identifying liquidity requirements. To properly
plan for one's needs is cost effective and efficient; to not plan is costly
and sometimes disastrous.
Every estate is subject to Federal and State estate taxes. These taxes
may vary a great deal depending on the size of the estate and the method
used to transfer the assets in the estate and whether or not the method
of transfer used takes full advantage of the current tax laws.
ES lets you know the amount of the tax under each alternative plan,
so that the user/client may see what method will save the most taxes.
There are always certain expenses, costs and liabilities, (besides taxes)
which are required to be paid either by the estate or by the estate's beneficiaries,
generally within nine (9) months from the date of death. Somebody has to
come up with the cash! If an estate does not have enough cash readily available,
assets may have to be sold.
ES lets you know the total amount of the cash that will be needed
and allows the user/client to be forewarned. The user/client can then plan
ahead so that the estate will have the cash available when it is needed,
without having to sell assets.
WHAT DOES ES DO?
ES allows the user to INPUT THE DATA, CUSTOMIZE THE ASSUMPTIONS to the
particular situation of the client and to create different scenarios. ES
makes CALCULATIONS based upon the input and the customized assumptions,
presents an analysis for up to fourteen types of estate plans, and generates
clear and concise reports of the analyses. This activity can be accomplished
in 20 minutes with ES, but could take as many as 10-20 hours if attempted
without ES. Complete reports indicate the tax effect, liquidity required
and net worth transferred to heirs for each plan.
Key features include:
EASY TO LEARN AND USE:
Even a novice user, operating ES at the "Novice Level" with step-by-step
prompting, can begin using ES on the very first day. The program includes
on-line help to allow the user to begin analyzing estate plans quickly
and efficiently. The easy-to-read operator's manual has a complete tutorial
section, discussions on estate planning, an extensive reference section,
and a complete table of contents and index. There are separate chapters
on each of the three steps for using ES (Information Input, Customized
Assumptions, and Calculations). The manual contains detailed explanations
of each screen and report generated by ES.
ES lets the user evaluate the affect of disposing of estate assets using
different methods of transfer in three easy steps---information input,
customization, and calculations. Information input includes the assets
and liabilities of the estate and the manner in which title is held and
the user may itemize the data or enter it in summary form. Customization
includes the variables which lets the user design scenarios to personalize
plans. ES performs up to 500 calculations in less than two seconds on up
to fourteen different estate plans and generates reports on each selected
plan. The reports generated are complete and concise and in a form which
allows the user to present the information to the user's client in a readily
understandable, organized and attractive format.
ES allows the user to modify and adjust the input and set up various scenarios
quickly and efficiently. Because ES performs its calculations so quickly,
the user can review as many scenarios as desired and print only those analyses
the user chooses.
ES is guaranteed to perform to the user's satisfaction. If users are not
completely satisfied, they can return the product within 30 days and the
money paid for the program will be refunded. In addition, users who need
help or have questions about use of ES can call 800-421-3264 for support.
ES is priced reasonably at $495. The return on investment may be met with
the first plan the user prepares. It is estimated that the cost of completing
these calculations manually would run between $2000 to $3000 as charged
to the client.
ES calculates the liquidity required upon death. ES is the only estate
planning program on the market that provides a summary of the total amount
of dollars needed upon death (including burial costs, administrative costs
and taxes due) allowing the client to plan accordingly.
NET ESTATE TRANSFERRED TO HEIRS:
ES provides, at the bottom of each detailed analysis, a summary of the
federal and state taxes, expenses of administration and debts, total deductions,
and the net estate transmitted to heirs both in dollar amount as well as
in a percentage of the gross estate, allowing the user and the user's client
to easily see the "bottom-line" affect of each plan.
ES generates concise, compact, easy-to-review reports on each plan. The
reports consist of a one-page analysis of each plan, a record of the customized
assumptions upon which the analysis was based, and (if requested) a summary
of assets and liabilities in the estate.
FREE DEMO PROGRAM:
Superior Software, Inc. has available for downloading, a free demo program
of ES for review by the prospective purchaser.
CPA's, Attorneys, Financial Planners, Insurance Salesmen
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