A bill to amend section 2040 of the Internal Revenue Code of 1954 to provide that a spouse's services shall be taken into account in determining whether that spouse furnished adequate consideration for jointly held property for purposes of qualifying for an exclusion from the Federal estate tax.

Amends the Internal Revenue Code to require that services performed by a spouse shall be treated as consideration in money's worth for the purpose of determining whether a spouse furnished adequate consideration for jointly held property so as to qualify for an exclusion from the Federal estate tax.