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...
Aug 28, 2017 | Blog, Estate Tax Horror Stories, Family Businesses, Maine
The American free market typically rewards success and encourages growth, unless you happen to be a family-business owner. My family has distributed food-service products and paper and plastic disposable products in Maine for more than 1 00 years. If President...
Aug 27, 2017 | Blog, Estate Tax, Estate Tax Horror Stories, Virginia
My mother is 86 years old. My father died in ’94. They grew up during the depression. My mother’s father was a share cropper in Nebraska. He earned a dollar a week. Mom never learned to read or write, but she was brilliant at figuring out how things worked...
Aug 26, 2017 | Arkansas, Blog, Estate Tax, Estate Tax Horror Stories
The Estate Tax kills jobs. It kills the companies that provide jobs. In the process, it kills towns and communities, particularly those in rural areas dependent upon the land and local industry. Almost all small business is privately owned and most locally owned. When...
Aug 25, 2017 | Blog, Estate Tax Horror Stories, Family Businesses, Ohio
Mr. Goebel, the owner of the bus line and a hockey rink, currently has a “buy/sell” arrangement with his brothers regarding the business. They pay about $75,000 a year in insurance just to protect themselves should there be a death. Tom’s teenage...
Aug 24, 2017 | Blog, Estate Tax Horror Stories, Oklahoma
My father owned a small business which provided health products to his long time customers. Upon his death, we had to sell the business because of the estate tax on the sole proprietorship business left us too little to continue it. Now my brother and I who used to...
