In most cases, a Life Insurance policy does not become part of a person's estate upon their death. Life Insurance policies are designed to provide financial protection to beneficiaries named by the policyholder. The proceeds from a Life Insurance policy are typically paid directly to the designated beneficiaries and are not subject to probate or estate taxes. This means that the money from the policy can be accessed by the beneficiaries without the need to go through the lengthy and sometimes complex process of estate administration. However, it is important to note that if the policyholder does not name specific beneficiaries or if the named beneficiaries predecease the policyholder, then the policy proceeds may become part of the person's estate and be subject to probate and estate taxes. It is recommended to review and update the beneficiaries of a Life Insurance policy regularly to ensure that the intended recipients receive the proceeds as intended and to avoid potential complications.