Legacy Planner

Plan your estate distribution and understand the impact of taxes, fees, and debts on what your heirs receive. Add up to 5 beneficiaries, choose percentage or fixed allocations, and see a clear breakdown of every dollar.

How estate distribution works

Your net estate is what remains after funeral/administration costs and debts are subtracted from the total estate value. If the net estate exceeds the estate tax exemption, the excess is subject to estate tax. The distributable estate — what your heirs actually receive — is the net estate minus estate tax. You can split this among beneficiaries by percentage or fixed dollar amounts.

Key insight: The US federal estate tax exemption for 2026 is approximately $13.99 million per individual. Many states also impose their own estate tax with lower exemption thresholds. This tool helps you model different scenarios to minimize tax and maximize what your heirs receive.

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Legacy Planner — Estate Distribution Calculator

Free legacy planning calculator. Plan estate distribution, calculate estate tax, and allocate assets to heirs. Manage inheritance planning with customizable beneficiaries.

Heirs / Beneficiaries

Net Estate$1,935,000
Taxable Estate$0
Estate Tax$0
Distributable to Heirs$1,935,000

Per Heir Breakdown

Spouse$967,500
50.0%
Child 1$483,750
25.0%
Child 2$483,750
25.0%

Estate Distribution

Estate Breakdown: Deductions & Expenses

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