Current estate tax policy burden on family farms

Jeff Brooks, Whiteside County Farm Bureau member, faced an unprecedented challenge when he lost his father in 2023 — the weight of the Illinois estate tax.

“This burden is putting pressure on the current operations of our family farm,” Brooks testified April 12 before members of the Illinois House Revenue and Finance Committee. “In March of 2023, still coping with my father’s passing, we learned the amount of a significant payment that was still due on our farming operation.”