Do I need to pay estate tax? Maybe 20 or 30 years from now when your IRA or 401(k) grows really big and you have that \$250,000 life insurance policy to protect the family. And sure the new 2000 Tax Bill raises the limit to \$1,000,000 but do you realize how slowly that happens? And do you realize how many people will be "estate millionaires" in 20 or 30 years?

It will be a middle class phenomenon. Let's just hope they increase the unified credit by then. Stick in the numbers and see for yourself. And remember, unless you use a trust your life insurance proceeds are added to your estate and may get hit with the estate tax! See for yourself: