Is estate planning only for those who have married, had children, purchased a home and have now grown old and are thinking of their legacy to their adult children and young grandchildren? Not necessarily. Even young, single adults in Michigan can benefit from having a...
Month: September 2021
How does the federal estate tax affect farmers in Michigan?
Farming is a tradition and a multi-generational family business for some residents of Michigan. Farmers take pride in operating a profitable business that they can pass on to their children after they pass away. However, are farms subject to federal estate taxes after...