The Chicago Tribune has published an article reporting that the income tax hike legislation currently being considered by Illinois law makers includes a provision that would reinstate an Illinois state estate tax exemption of $2,000,000.00. The income tax hike legislation does not mention spousal portability.
A copy of the legislation can be found here.
A copy of the legislation can be found here.
Posted by Adam Reid, Associate Editor, Wealth Strategies Journal.
Leave a comment