Estate taxes are 'voluntary' taxes.

National Underwriter Life & Health-Financial Services Edition | January 5, 1998| | Copyright

What's the most expensive estate tax your client's heirs will ever have to pay?

It is the estate tax paid with proceeds from the liquidation of real estate or other assets, or payments with after-tax dollars from investments. Doing so forces and estate owner's heirs to pay anywhere from 300 percent to 350 percent more than is required by the estate tax revenue tables.

Let us consider an estate with a potential tax bill of $1 million. Using liquid dollars to settle the estate's obligation means that not only is the $1 million lost forever as a family ...

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