The Illinois Estate Tax and You

Most people think that the estate tax is something only the extremely wealthy have to deal with, but that is not necessarily the case— especially if you are a resident of Illinois. $4 million dollars may sound like a lot of money, but if you are a farmer or a business owner you may be […]

What are estate taxes and how will they affect me?

The US Federal estate tax, also known as the inheritance tax or the death tax, is a tax levied upon the total value of an individual’s estate upon their death. It is actually one half of the Unified Gift and Estate Tax system, the other half being the gift tax — a topic for a […]