New Webcalculators for Life Estates, Remainders, and Annuities

Posted on by July 30, 2018

In addition to the domain change that has been announced for Webcalculators, two new calculators have been added:

  • Factors to determine the present value of the income interest and remainder for terms of years, one life, two lives, and the shorter of a life or a term of years.
  • Factors to determine the present value of an annuity for terms of years, one life, two lives, and the shorter of a life or a term of years.

These computations are all based on tables published by the Internal Revenue Service.  The intention is to add custom computations (such as for three or more lives) for paid subscribers, but leave the tables-based computations accessible to the public for free.  (Registration is required.)

Webcalculators Domain Change

Posted on by July 30, 2018

As previously announced, I’ve created an on-line service that provides specialized calculators for estate and tax planning issues.  Although the service is still known as Webcalculators, the domain has been changed to wcalcs.com.  Previous links and references to the service on this website have been updated to reflect that change.

Currently, the following calculators are available:

  • Benefit/Cost of Gifts of Appreciating Property
  • Benefit/Cost of Grantor Trusts
  • Gift Tax on Net-Net Gifts
  • Income Tax on Estates and Trusts
  • Income Tax Changes for Individuals in 2018
  • Estate Tax Savings through Credit Exclusion Gifts
  • Required Minimum  Distributions
  • Annuity Factors
  • Income (Life Estate) and Remainder Factors
  • Value of  Income and ‘5 & 5’ Power
  • Pennsylvania Inheritance Tax
  • Interest on Federal Taxes
  • Interest on Pennsylvania Taxes

For additional information about these calculators, see Webcalculators at http://wcalcs.com.