Your estate, when evaluated for Federal estate taxes, will probably be much larger than you think. Generally included in your taxable estate are life insurance, real estate, stocks and bonds, personal checking and savings accounts, market value of business interests, household furniture, collections, autos and other tangible property. Be certain to consult an attorney periodically about current federal state and inheritance tax laws.
Other property may be included in your taxable estate such as gifts of property made by you or to you, property in trusts created by you and property in truss for you. Your estate will pay less taxes- and your survivors will receive more of your hard-earned estate-if you plan.