(The Center Square) – Illinois is known for having high property and corporate taxes, but it is also one of the few states that imposes estate taxes. The estate tax is imposed on a decedent’s estate, like a family farm, before distribution to heirs. As a result, beneficiaries typically sell off parts of the farm […]
The post WATCH: Calls continue to reform Illinois’ estate tax some say shuts down family farms appeared first on The Black Chronicle.
