Summit Spendthrift Trust Planner

Outputs show annual net cash to the couple (after the couple’s taxes). We do not add trust corpus or asset values.

2025 MFJ • Std. Deduction $30,000

Click a preset, then tweak any option below.

Non-W2 Annual Income

Whole dollars. Example: 400000

Percent sold to trust 90%

Percent allocated to principal (ordinary) 100%

Sell assets at Fair Market Value (FMV)

Book/Cost = principal payments are not capital-gain income.

Note term 10 yrs

Fixed 5% interest

Use a professional trustee (+$3,000/yr)

CPA $2,000/yr always included at trust level

Trust deducts personal non-income asset costs

Treat HEMS as trust expenses

HEMS each year (% of Non-W2)35%

HEMS = Health, Education, Maintenance, Support. Non-HEMS (food, fun, fashion) are distributions taxable to beneficiaries.

Require charitable donations

FMV proxy & basis (optional)

FMV proxy multiple × Non-W2 (default 3×)

Assumed basis as % of FMV (default 40%)

Show advantage as FV @ 5%

If off: straight cumulative sum of savings