In 2010, we will have the opportunity to convert Traditional IRA's into Roths, regardless of income. Can you describe an ESP process for evaluating the impact of this conversion. My wife and I are 66, and our goal is to maximize the estate we leave to heirs rather than increase consumption.
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You can see the process in this case study:
http://www.esplanner.com/case-convert-your-ira-roth
And there is a second case study you'll see here:
http://www.esplanner.com/case-convert-your-ira-roth-again
Now when you run the case using the ROTH you may see a higher consumption. If that's the case, then just raise the amount that you want to leave in estate so that the consumption goes back down to where you want it to be. It may take a little trial and error on the estate amount.
Dan