Features and Functions

There are many feature and functions of the American Dream PlannerTM for WindowsTM that set it apart from all other planning software.

The feature and functions of the American Dream PlannerTM for AndroidTM set it apart from the simple calculators that you will find on the web.

All elements of all versions of the software are interactive and dynamically linked with each other with no modules to purchase.

Investments
Unlimited joint (Windows and Android)
Unlimited client (Windows and Android)
Unlimited spouse (Windows and Android)
User defined growth rate applied to each individual investment (Windows and Android)
Investments can be organized by 24 types to create unique portfolio models for each client.

Tax Deferred Accounts
Unlimited client (Windows and Android)
Unlimited spouse (Windows and Android)
Withdrawals based on dollar amount (Windows and Android)
Withdrawals based on percent amount (Windows and Android)
Withdrawals based on federal required minimum amount (Windows and Android)
User defined income tax on withdrawals including zero tax (Windows and Android)
User defined age to begin withdrawals (age 70 is default) (Windows and Android)
Contributions from earned income as percent including employer match

Real Property
Unlimited joint (Windows and Android)
Unlimited client (Windows and Android)
Unlimited spouse (Windows and Android)
Purchase (current and future) (Windows and Android)
Sale outright and installment (gross profit ratio calculations included) (Windows and Android-outright only)
Separate income tax for principal/ interest portions of sale (Windows and Android-principal only)
Mortgage debt with down payment (Windows and Android)
Personal and business use (Windows and Android)
Rental income (Windows and Android)
Property management fees, taxes, maintenance costs
Depreciation and depreciation recapture
Capital gains exemptions if held for personal use ($250,000 single/ $500,00 couples) (Windows and Android)
Any specific property can be contributed to a future CRT or GRAT
User defined minority interest and marketability discounts

Business
Unlimited joint (Windows and Android)
Unlimited client (Windows and Android)
Unlimited spouse (Windows and Android)
Purchase (current and future) (Windows and Android)
Sale outright and installment (Windows and Android-outright only)
Sale outright and installment (gross profit ratio calculations included) (Windows and Android-outright only)
Separate income tax for principal/ interest portions of sale (Windows and Android-principal only)
Any specific business can be contributed to a future CRT or GRAT
User defined minority interest and marketability discounts

Insurance
Unlimited joint (Windows and Android)
Unlimited client (Windows and Android)
Unlimited spouse (Windows and Android)
Client owner with estate beneficiary
Client owner with spouse beneficiary (Windows and Android)
Cross purchased
Irrevocable trust owned (Windows and Android)
User defined begin year and end year for premiums (Windows and Android)
Insurance premiums as annual gift to specific beneficiaries (ILIT)

Income
Unlimited joint (Windows and Android)
Unlimited client (Windows and Android)
Unlimited spouse (Windows and Android)
Unlimited single event (Windows and Android)
Unlimited recurring events – with user defined intervals
Unlimited rental income tied to each property
Unlimited income from tax deferred accounts (Windows and Android)
User defined begin year and end year (Windows and Android)
User defined growth rates (Windows and Android)
User defined income tax including zero tax (Windows and Android)
Long term care benefits as income

Expenses
Unlimited joint (Windows and Android)
Unlimited client (Windows and Android)
Unlimited spouse (Windows and Android)
Unlimited single event (Windows and Android)
Unlimited recurring events – with user defined intervals (Windows and Android)
Unlimited educational expense based on recipient with separate growth rates
Educational expenses with limits in amount and number of years to pay
Unlimited unsecured installment debt including balloon payment
Unlimited mortgage debt tied to each property
User defined begin year and end year for all expenses (Windows and Android)
Life insurance premiums as an expense or as a gift expense
Long term care expenses including insurance premiums

Long term care
Out of pocket expenses (indexed)
Insurance premium as separate expense
Insurance benefit as separate income source

Gifting
Unlimited joint
Unlimited client
Unlimited spouse
Charitable gifts at death
Unlimited annual gifts of investments
Unlimited annual gifts of business interests
Gifts of business interests take into account marketability discounts
Gifts tax calculated per grantor and per donee
Gifts tax calculated after client or spouse lifetime exemption is exhausted
Lifetime exemption based on 3 estate tax codes ($1.0M, $3.5M, $5.0M)
Calculations when lifetime exemption is used in prior years

Individual securities
Unlimited individual securities to reflect buy-hold strategies
Any security can be contributed to a future CRT or GRAT

Sale of assets
Any real property, business interest or individual security can be sold (Windows and Android)
Outright or installment sale (Windows and Android-outright only)
User defined sale costs
Outright or installment sale
Installment sale term, interest rates
Installment sale balloon payment
Self canceling installment note option

Inheritance trusts
Gross profit ratio calculated (Windows and Android)
User-defined income tax rates on principal / interest portion of payment
User defined growth rate of investments during trust term
Withdrawals of annual percentage amount with user defined start year
Withdrawals of specific dollar amounts in specific years (i.e. event driven distributions)
Withdrawals of percentage amounts in specific years (i.e. scheduled distributions)

Income tax rates
Six marginal income tax rates available tied to specific client
Unlimited income tax rates applied to each item (Android)
User defined tax rates on principal portion of installment sale
User defined tax rates on income portion of installment sale
Income in respect of a decedent for portion of installment sale remaining unpaid after second death (Windows and Android)

Charitable remainder unitrusts
Unlimited number of unitrusts
User defined start year and years the trust is to exist
Single or multiple contributions from investments, real property, business and individual securities
User defined start year for income amount (no less than 5% annually)
Real property debt extinguished prior to transfer to the trust

Grantor retained annuity trusts
Unlimited number of zeroed out trusts
User defined start year and years the trust is to exist
Contributions from investments, real property, business interests and individual securities
User defined start year for income amount
Real property debt extinguished prior to transfer to the trust
Benefit to remainder beneficiaries tied to growth rate assigned to asset to be contributed

Scenarios
Unlimited number of scenarios
Scenarios can be built on prior scenarios without having to retype all information
Scenarios can be deleted or locked to prevent deletion
Any 3 scenarios can be compared side-by-side on the same screen (pie/line/table views)

Import and Export
Any client and any client scenario can be imported/exported to another user
All exports have 128 bit encryption

Reports
All tabular displays are available as single printable report items
Build report where user selects all or any specific pie/line/bar/tabular or text based reports
Customized disclaimer report
Mail merge with over 130 fields allows customized reports as templates using word processor

Estate and gift tax codes
$1.0M with 55% marginal tax bracket
$3.5M with 45% marginal tax bracket
$5.430M with 40% marginal tax bracket (Windows and Android)
35% gift tax bracket
$14,000 per grantor/donee annual exclusions
Flow chart with full disclosure of estate tax calculations
Charitable gifts as deduction from gross estate at second death
Benefits of using bypass (credit shelter) trust including growth from first to second death (Windows and Android)
Benefits of portability can be toggled on/off (Windows and Android)
Discounts of real property or business interests
All planning elements can be toggled on/off to show benefits of planning choices (Windows and Android)

Monte Carlo
Can be run on any or all assets, income and expense (not just investments)
Run simulations on any two scenarios side-by-side at the same time
Two Standard Deviations (default) can be modified and applied to any item(s)

Other features and functions
Change order of who survives (analysis for couples) (Windows and Android)
Change who survives to allow for high net worth spouse situations (Windows and Android)
Identify and modify year of first death and second death
Estate tax formula uses assigned growth rate of each item held in bypass and marital trusts.
Notes page tied to specific client
Goals and risk tolerance tied to specific client
Link to IRS site to obtain 7420 rate in GRAT input screens

Go to top of page