When it comes to determining whether assets are kept inside or outside the taxable estate, here is how it is organized:
If an asset is directly owned by "Client 1" or "Client 2" if linked as the spouse in Client 1 contact card), we automatically include that asset as inside the taxable estate.
If an asset is owned by any other individual (someone not linked as Client 1 or Client 2), we assume that asset's value is outside the taxable estate by default.
For Assets Owned by Trusts:
The categorization for assets held by trusts is determined by the setting on the trust's contact card.
For Assets Owned by Entities (like an LLC or Partnership):
We look at the top-level owner assigned to that entity. If the entity itself is owned by Client 1 or Client 2, then the value of that entity (and the assets it holds) is considered inside the taxable estate. If the entity is owned by a trust, then the value of the entity (and any assets it holds) is based on the categorization in the trust contact card as being inside or outside the taxable estate.