1.

Place your Net Worth amount here (see calculation below).

$ ________________________

2.

If you included life insurance cash value in your net worth amount, enter this number here (with some exceptions for Universal Life insurance).

$ ________________________

3.

Subtract line 2 from line 1.

$ ________________________

4.

Add up proceeds you will receive from all of your life insurance:*

(a) Company-provided group life insurance

$ ________________________

(b) Term life insurance outside of work

$ ________________________

(c) All other life insurance

$ ________________________

5.

Total: add lines 4(a), 4(b) and 4(c).

$ ________________________

6.

What's Your Estate Worth?
Add lines 3 and 5.

$ ________________________

* Payable to your estate or in which you possess ownership benefits (e.g., the right to name beneficiaries of the policies).

Write the number from line 6 here:

$ ________________________

If this number is less than the applicable exclusion amount ($11.2 million in 2018 and $5.49 million in 2017), you may not be subject to the Estate Tax.

If this number is greater than the applicable exclusion amount ($11.2 million in 2018 and $5.49 million in 2017), you may be subject to the Estate Tax and should read the appropriate sections above for important tax savings planning techniques and consult with an estate planning professional.

Net Worth Calculation

Add up everything you own and subtract everything you owe. The amount left is your Net Worth.

1.

Enter all the things you own

$ ________________________

2.

Enter all the money you owe to others

$ ________________________

3.

Subtract line 2 from line 1. This is your Net Worth.

$ ________________________