Online Athens:  The new estate tax laws have provided a false sense of security for those of us who do not have an estate worth more than $10 million. However, in 2013 we are going to be revisiting the issue of estate taxes all over again as the law sunsets back to the $1 million estate tax exemption.  The sunset provision makes the estate tax law an average taxpayer's problem again.

Since life insurance benefits often are the largest asset in an estate, I would like to address the great myth about the taxation of life insurance benefits.