Farm Trust vs. Transfer on Death Instrument — Which One Is Right for Your Illinois Land

Farm Trust vs. Transfer on Death Instrument — Which One Is Right for Your Illinois Land

Farm Trust vs. Transfer on Death Instrument — Which One Is Right for Your Illinois LandJared Williams, Managing Broker of Archer Realty
Published on: 24/09/2026

Both a revocable living trust and an Illinois TODI bypass probate for farmland — but they fit different family situations. Here is how to choose.

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Stepped-Up Basis and Illinois Farmland — The Tax Advantage Most Heirs Miss

Stepped-Up Basis and Illinois Farmland — The Tax Advantage Most Heirs Miss

Stepped-Up Basis and Illinois Farmland — The Tax Advantage Most Heirs MissJared Williams, Managing Broker of Archer Realty
Published on: 23/07/2026

When a parent dies holding Illinois farmland, heirs can receive a stepped-up cost basis that eliminates decades of capital gains. Most families do not fully understand how it works.

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