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Estate Question
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illfarmr
Posted 2/27/2021 18:11 (#8862164 - in reply to #8862146)
Subject: The largest land owner here


Central Illinois
Had the best 1960’s estate plan ever. He threw it in the drawer and forgot about it. Ten-12 years later, he died. And guess what? Estate laws had Changed, but his plan hadn’t. At that time, good ground was about $2k an acre. His kids had to pony up a thousand an acre for inheritance taxes. So, whatever your estate plan is today, never Forget, the laws can change tomorrow.
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