This program makes evaluating estates where property is located in one or more decoupled (or quasi-decoupled) states quick and painless. The program can be used as a planning tool by computing a client’s Tentative Taxable Estate, State and Federal exclusions, Federal and State Tax, and Percentage of Gross Estate Lost to Tax for up to four states. DecoupleCruncher will also aid in preparing your client’s final state and federal estate tax returns.

Years supported include: 2005 - 2014

States supported include: CT, DC, DE, HI, IL, KS, MA, MD, ME, MN, NC, NE, NJ, NY, OR, RI, TN, VA, VT, WA, and WI.

Of the states that have ever been decoupled, the following states no longer have a decoupled estate tax: KS, NC, NE, VA, and WI.

With Decouple Cruncher you can do single-state or multiple-state calculations (up to four states). For single-state calculations, DecoupleCruncher does the circular calculation for states that have this feature. Currently, only IL has a circular calculation. In prior years, NE, VA, and WI were also circular. Multi-state calculations include Maximum Credit for State Death Taxes, Net U.S. Estate Tax, tentative State Tax, pro-rata share of the tentative State Tax allocable to the other states, and tax payable to the domiciliary state. DecoupleCruncher also illustrates the impact of the state death tax deduction, which can be useful in helping a client to evaluate the potential tax advantage of moving from one state to another.

Finally, DecoupleCruncher can help you evaluate the optimal marital deduction as well as the potential benefit of making a lifetime gift.