Free educational tools

Calculators for understanding a plan.

A small library of free, self-help tools that illustrate how common estate, tax, and trust-planning concepts work. They’re here to help you learn what to look for and what to ask a qualified professional — not to give advice.

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★ · Estate Tax vs. ILIT

How many commas leak to estate tax — and can an ILIT stop it?

The Legacy Leak Calculator. Project your future estate, see the estate-tax leak (federal + optional state), and compare “do nothing” against funding an ILIT that places tax-free liquidity outside the estate. Illustrative — not advice.

Open the Calculator
Self-assessment
01 · Estate Health Check

A plain-English read of your own estate plan.

Answer a few questions (or add your own documents) and see a color-coded, plain-English summary of the kinds of gaps a careful read tends to surface — successor-trustee issues, stale formulas, funding gaps, and more.

Open the Health Check
Snapshot
02 · Strategy Snapshot

Where your situation sits, across eight dimensions.

A two-minute intake that gives you a plain-English read on your own situation — savings, liquidity, control, and the trade-offs that tend to matter — so you understand the landscape before you sit down with a professional.

Open the Snapshot
Calculator
03 · QSBS Stack Calculator

The illustrative tax math behind §1202 trust stacking.

Illustrates the federal-tax delta between a single §1202 exclusion and a properly-structured non-grantor-trust “stack.” Shows magnitudes for educational understanding — not a personalized calculation or recommendation.

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Issue-spotter
04 · QSBS Stacking Review

Which “lane” a §1202 stacking situation falls in.

A structured, plain-English issue-spotter that places a multi-trust §1202 situation into a five-lane read (from window-closed to clear) and explains the legal-uncertainty around it — so you know what to bring to qualified tax counsel.

Open the Review
Visual
05 · QSBS Edge Map

A visual map of the upside and the risk.

An interactive map that illustrates the quantified upside and downside of a §1202 stacking structure side by side — a way to see the trade-offs at a glance, for educational purposes only.

Open the Edge Map
Profile
06 · Tax Risk Profile

An educational read of tax exposure and tier-fit.

Walks through the factors that shape how aggressive or conservative a planning posture is, and illustrates where a situation may land — to help you understand the questions, not to recommend a structure.

Open the Profile
Long read
07 · QSBS Whitepaper

The deeper explainer behind the tools.

A long-form, plain-English explainer of how §1202 multi-trust stacking works, the doctrinal gates around it, and the residual risk no honest analysis pretends away. Educational background reading for the calculators above.

Read the Whitepaper

About these tools

Socrates Crayon is a free educational resource published by KMD Squared LLC for general informational purposes only. It is not a law firm, registered investment adviser, broker-dealer, or accounting firm, and is not affiliated with, sponsored by, or connected to any securities firm or its business. The calculators here are illustrative educational tools. Their outputs are illustrative magnitudes — not legal, tax, accounting, financial, or investment advice, and not personalized recommendations for any specific person or situation. The rules involved are complex and fact-specific. Please consult your own qualified professional before acting. See our Terms & Disclaimer and About page.