Estate Value Calculator
Inventory your assets and liabilities to calculate your total estate value. See what may go through probate and check state-specific thresholds.
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Understanding Your Estate Value
Your net estate value determines whether simplified probate procedures are available and how much probate will cost. Each state sets different thresholds — for example, Florida allows summary administration for estates under $75,000, while California's small estate limit is $184,500.
The calculator above helps you inventory your assets and liabilities, separating probate assets from non-probate assets. Non-probate assets — like retirement accounts with beneficiaries, jointly held property, and life insurance — pass outside of court and are not counted toward probate thresholds.
After calculating your estate value, estimate your probate costs with our Fee Calculator, or check whether your beneficiary designations are up to date with our Beneficiary Checker. Not sure if you need probate? Take our free Probate Assessment.
Common Questions
What is included in an estate value calculation?
An estate value calculation includes all assets owned by the deceased: real property, bank accounts, investments, retirement accounts, life insurance, personal property, vehicles, business interests, and other assets. Liabilities such as mortgages, credit card debt, and loans are subtracted to determine the net estate value.
What is the difference between probate and non-probate assets?
Probate assets are those owned solely by the deceased with no beneficiary designation, and must go through the court probate process. Non-probate assets pass directly to beneficiaries outside of court, including jointly owned property, assets in a trust, and accounts with TOD (Transfer on Death) or POD (Payable on Death) designations.
What are small estate thresholds?
Each state sets a threshold below which estates can use simplified probate procedures. For example, Florida allows summary administration for estates under $75,000, California has a small estate affidavit for estates under $208,850, Texas allows small estate affidavits for estates under $75,000, and Ohio allows summary release for estates under $35,000.
Do I need to worry about federal estate tax?
Most estates are not subject to federal estate tax. The federal exemption is approximately $13.99 million per person (2025). Only estates exceeding this amount are taxed, at rates up to 40%. Some states also impose their own estate or inheritance taxes at lower thresholds.
How accurate is this estate value calculator?
This calculator provides a helpful starting point for understanding your estate value. However, actual estate valuations may differ based on factors like property appraisals, market conditions, community property rules, and homestead exemptions. For a precise valuation, consult with a qualified attorney or financial advisor.
Note: This tool provides estimates for informational purposes only. Results are not legal advice. Fees and requirements may vary. Full disclaimer