How to you setttle an Estate?

Amounts that can be transferred free of Federal Estate Tax
note that Congress can and DOES change the estate tax laws

Year of Death
Amount transferrable free of Federal EstateTax
2004
$1,500,000
2005
$1,500,000
2006
$2,000,000
2007
$2,000,000
2008
$2,000,000
2009
$3,500,000
2010
unlimited
2011
$1,000,000