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The Whoa is me is getting a little old
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coup
Posted 1/25/2026 13:28 (#11525155 - in reply to #11525094)
Subject: RE: The Whoa is me is getting a little old


USA
BFarm - 1/25/2026 11:56

I found this link below, if you scroll down a little there is a table. I wasn't sure what the rates were myself until I looked the table over. Graduates from .8% to 16%.

https://smartasset.com/estate-planning/illinois-estate-tax

According to that looks like once a person is over $4 million , you lose the $4 million tax free exemption and have to pay estate taxes of $238,800 up to $4.04 million.
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