Should I add To Estate to Liquid Legacy?
Where to find it: TIME MACHINE results → death year → Legacy table
Do not add these columns as a general rule: they can include the same amounts. Liquid legacy is calculated from the final account proceeds and remaining cash after the model’s final calculations. To Estate reports amounts routed through the estate, which can include those same account proceeds.
For a couple, assets transferred to the surviving spouse remain in that person’s projection and can contribute to the final legacy. They are not an additional amount to add again to the survivor’s final result.
Open the Legacy table for the relevant death year to follow account proceeds, beneficiaries, final taxes and estate costs.