Captain Jack, Thanks for the advice. My personal situation is pretty much taken care of. I plan on spending all my money before I die. <VBG> My main point is that the I feel that the inheritance tax is unjust and one should not have to employ tax attorneys to find ways to get around tax code. I have no problem paying taxes but they must be fair. I think if one thinks they are fair they must ask themselves why a certain amount is exempted from taxation. If it is fair to not tax someone that has a net worth of $900,000 why is it fair to tax someone with a net worth over a $1 mil. (I don't know what the current limits are.)
I know of a couple families here in Georgia that sold their family business to HD for tax reasons. Sure this family is wealthy now but maybe that son would have liked to have continued running the family business that his mother and father built from scratch. Maybe he would have liked to pass that business down to his son. There are some things that money can't buy. I don't see why that father could not pass his business down to his son without the government stepping in at the point of a gun and forcing them to sell to raise some revenues.
(Point of a gun? If you refuse to pay your taxes that is the ultimate result as the government confiscates your property.)