Estimate the residuary estate
The calculator begins with assets and estate receipts, then subtracts debts, expenses, taxes, professional fees, specific cash bequests and the reserve you want to retain. The remainder is the estimated residuary estate available for percentage-based distributions.
Check beneficiary percentages
The calculator totals the four entered beneficiary percentages and warns if they do not equal 100%. This makes it useful as a quick reconciliation check before preparing a distribution schedule.