Sep 13, 2017 | Blog, Death Tax, Tennessee
Just outside Nashville, Brandon Whitt operates Batey Farms with his wife, Katherine, and father-in-law, who owns the property. Established in 1807 from a Revolutionary War land grant for military service, this seventh-generation family business provides over 65,000...
Sep 12, 2017 | Blog, Estate Tax, Family Businesses, Wisconsin
When Tom and Leslyn Jacobs first got married, buying land was simply a dream. Indeed, they were both young foresters saddled with college loans and old vehicles. However, in 1984, their dream became a reality when they received a $40,000 loan to buy 80 acres of land....
Sep 11, 2017 | Estate Tax, Family Businesses, Illinois
In 1973, Karen Madonia’s father purchased Illco, a Chicago-based distributor of parts and supplies for heating, ventilation, air conditioning, and refrigeration equipment. Although the company now has 97 employees in 3 different states and generates $42 million in...
Sep 1, 2017 | Blog, California, Estate Tax, Estate Tax Horror Stories
Our beloved 101 “acre California farm-my small family’s one asset- has been in my family since 1942, when it was purchased by my great uncle. It has been planted In crops of many kinds, worked first by my uncle and then by my father, who earned a very...
Aug 31, 2017 | Blog, Estate Tax Horror Stories, Ohio
Mr. Syman is worth multi-millions – interests include real estate holdings, shopping center/strip mall developments, restaurants, etc. He is 66 years old and has just recently started consulting with attorney’s about death tax issues. He has spent $15,000...
Aug 30, 2017 | Blog, Estate Tax Horror Stories, Family Businesses, Ohio
Our great United States thrives because of the concept of capitalism and the promotion of an entrepreneurial spirit With those thoughts in mind, 1 strongly urge you to support permanent elimination of estate and generation-skipping taxes, now commonly referred to as...