Many people don’t understand what exactly an “estate” is.  Your estate includes simply, everything.  All of your assets are included in your estate and can be taxed by the Federal Estate Taxes.  For example:

• Your house
• Any other properties you own
• Personal Property such as jewelry
• 401k
• IRA
• Life Insurance
• Bank Accounts
• Any property you own jointly
• Trust property where you have significant control