Frequently Asked Questions
Need assistance with the Estate module? RightCapital is here to help! Please use the common questions and answers below to assist you in generating financial plans. For additional assistance, use the link to our support team at the bottom of the article.
Probate expenses can be specified using the Action Items at the bottom of the Estate Analysis. They will be automatically added to the 'Taxes and Fees' tiles within the estate flow chart, reducing a client's estate before it is passed on.
The beneficiary designations entered within the Estate > Beneficiary module are purely categorical in nature. This information will not feed into the Estate Analysis.
Yes! You can propose trust strategies using the Action Items at the bottom of the Estate Analysis. When adding a proposed trust, you will have the ability to specify the 'Funding year'.
For a step-by-step walkthrough of proposing trust strategies, click here.
The Trust tab will only appear if there is at least one irrevocable trust entered within the plan. This includes existing trusts entered into the Net Worth section of the Profile, as well as proposed trusts entered via the Estate analysis.
It does! State-level estate taxes may be calculated based on state-specific rules. This will be based on the resident state at the end of the Proposed Plan (including any Primary Home Relocations). RightCapital will also capture any tax that may be due to other states for real estate held there (vacation or rental properties).
Click into the 'Taxes and Fees' tiles within the estate flow chart to view any projected estate taxes.
