/* (non-Javadoc) * @see com.teag.estate.EstatePlanningTool#calculate() */ @Override public void calculate() { int tableLength = 60; iditTable = new double[tableLength][11]; Calendar cal = Calendar.getInstance(); Date now = new Date(); cal.setTime(now); double gratValue = (noteValue + secOrigValue) * (1 - noteFlpDiscount) * noteFlpLPInterest; zCalc zc = new zCalc(); zc.StartUp(); optimalGratRate = zc.zGRATZO(afrRate, term, 0, 4, 0); remainderInterest = 45000; remainderPaymentRate = zc.zANNRATETARGET( gratValue, remainderInterest, afrRate, term, 0, 0, 0, 0, 0, 0, 1, 0, 0, 0, 0); zc.ShutDown(); gratPayment = gratValue * remainderPaymentRate; double assetPay = noteValue * noteFlpLPInterest * noteInterest; double secPay = gratPayment - assetPay; double taxableEstate = gratValue - secPay; int year = cal.get(Calendar.YEAR); double fet = getFetTax(year); iditTable[0][0] = 1; iditTable[0][1] = year++; iditTable[0][2] = assetOrigValue; // Original Asset (real estate value) iditTable[0][3] = assetPay; // Calculated GratPayment of real estate; iditTable[0][4] = secOrigValue; // Original Securities value we will be zeroint it out iditTable[0][5] = secOrigValue * secGrowth; iditTable[0][6] = secPay; iditTable[0][7] = taxableEstate; iditTable[0][8] = taxableEstate * fet; iditTable[0][9] = fet; iditTable[0][10] = iditTable[0][2] + iditTable[0][4] + iditTable[0][5] - iditTable[0][6] - iditTable[0][8]; for (int i = 1; i < tableLength; i++) { fet = getFetTax(year); iditTable[i][0] = i + 1; iditTable[i][1] = year++; iditTable[i][2] = iditTable[i - 1][2] * (1 + (assetOrigGrowth + assetOrigIncome)) - assetPay; double sTmp = iditTable[i - 1][4] + iditTable[i - 1][5] - iditTable[i - 1][6]; if (sTmp < 0) sTmp = 0; iditTable[i][4] = sTmp; iditTable[i][5] = iditTable[i][4] * secGrowth; if (i > getTerm() - 1) { iditTable[i][3] = 0; iditTable[i][6] = 0; iditTable[i][7] = 0; } else { iditTable[i][3] = assetPay; iditTable[i][6] = secPay; iditTable[i][7] = iditTable[i - 1][7] - secPay; } iditTable[i][8] = iditTable[i][7] * fet; iditTable[i][9] = fet; iditTable[i][10] = iditTable[i][2] + iditTable[i][4] + iditTable[i][5] - iditTable[i][6] - iditTable[i][8]; if (i > getTerm() - 1) { assetPay = 0; secPay = 0; } } }
// This method uses zcalc heavily. public void calculate() { zCalc zcalc = new zCalc(); zcalc.StartUp(); /* int yr = (int) age; if( startTerm != 1) { yr = (int)((startTerm -1 ) + age); } */ optimalPaymentRate = zcalc.zGRATZO(afrRate, (int) termLength, annuityIncrease, annuityFreq, 0); if (annuity == 0) { if (discountValue == 0) annuity = optimalPaymentRate * value; else annuity = optimalPaymentRate * discountValue; } lifeExp = zcalc.zLE((int) age, 0, 0, 0, 0, 0, 11); annuityPaymentRate = annuity / discountValue; annuityFactor = zcalc.zGRATAF(afrRate, (int) termLength, 0, 0, annuityIncrease, annuityFreq, 0); actualPaymentRate = annuityPaymentRate; taxableGift = zcalc.zGRATGIFT( afrRate, (int) termLength, 0, 0, annuityIncrease, annuityFreq, discountValue, annuityPaymentRate, 0); remainderInterest = taxableGift; annuityInterest = discountValue - remainderInterest; if (actualPaymentRate > optimalPaymentRate) { federalRev = true; } else { federalRev = false; } totalInterest = discountValue; retainedAnnuityInterest = totalInterest - taxableGift; Date now = new Date(); GregorianCalendar cal = new GregorianCalendar(); cal.setTime(now); int year = cal.get(Calendar.YEAR); if (spousePriorGifts > 0) { totalGiftTaxPayable = zcalc.zFGT(taxableGift, priorGifts + spousePriorGifts, 0, 0, year, 0, 0); } else { totalGiftTaxPayable = zcalc.zFGT(taxableGift, priorGifts, 0, 0, year, 0, 0); } gratBenefit = zcalc.zGRATBEN( afrRate, (int) termLength, growthRate, annuityIncrease, annuityFreq, value, annuityPaymentRate, 0); estateTaxSavings = estateTaxRate * (gratBenefit - taxableGift); if (taxableGift > 0) leverage = value / taxableGift; zcalc.ShutDown(); }