Special Bequest vs. Reserve Fund?


Instructions in the software state that some users use the Reserve Fund section to account for leaving money to heirs. How does the software treat this vs. Special Bequests in the Estate section? Not sure which to use...


dan royer's picture

In "bequest" the assumption is that this money (the bequest) needs to be available in any year, including the current year. This could raise your need for life insurance. Pushing reserve fund to the last year would of course mean that this amount of money you might have in the last year would not necessarily be there next year or five years from now.

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