Does Life Insurance Go Into An Estate? 
Yes , you can make the beneficiary of a life insurance policy the estate and the proceeds will go into the estate . You really do n't want to do that . The great benefit of life insurance is being able to leave money to a loved one that can not be taxed and does not have to pass through probate . If your estate is the beneficiary of your life insurance proceeds not only will the money be tied up in probate court for months , but it will be taxed along with the estate taxes . Please seek advice of a professional before making this common error . 