Michigan Museum Launches Project To Preserve One Of WWII’s Most Decorated Submarines






Fans and students of United States Naval History have no shortage of fascinating destinations to visit across the United States.  Spread all over the country, history buffs can enjoy public naval museums that include everything from PT boats to aircraft carriers — along with a handful of historic battleships that are open for tours

In addition to those surface ships, there’s also a long list of floating submarine museums spread around the country, with some of them actually found far from the ocean. One of these subs is the USS Silversides (SS-236), which is in Muskegon, Michigan, on the shores of Lake Michigan. Before finding its current home on the Great Lakes, the Silversides was one of America’s most decorated submarines of World War II, serving in the Pacific theater for the entire war. 

The vessel has been on display in Michigan since the late 1980s but will soon be temporarily leaving its Muskegon home to undergo an extensive and much-needed renovation project. During the restoration, which will cost around $3.5 million, the Silversides will see a number of structural repairs and cosmetic restorations, all designed to bring the ship back to its wartime glory while also preserving the historic vessel for decades to come.

A legend of submarine warfare

World War II naval history, especially when it comes to the Pacific theater, is dominated by history-changing carrier battles — and indeed aircraft carriers would change the face of naval warfare from that point onward. The massive historic contributions of World War II’s legendary submarines are not to be overlooked, though.

The Gato-class USS Silversides is among the Navy’s most accomplished submarines of the war. The sub entered service in December of 1941, just weeks after the outbreak of World War II, and would serve in the Pacific right up to the war’s end, on a total of fourteen different war patrols. Among its accomplishments were 23 confirmed enemy vessels sunk, for which the USS Silversides earned 12 battle stars as well as the Presidential Unit Citation. Along with its numerous combat achievements and sunken enemy ships, the sub also helped save lives, rescuing downed American aviators from the sea on multiple occasions. 

After the war, the Silversides was put into use as a training ship before being retired from service in the late 1960s. In 1987, it made its way to Muskegon, Michigan, to become part of the Great Lakes Naval Memorial and Museum, where it’s hosted visitors ever since. Eventually the facility would be renamed as the USS Silversides Submarine Museum.

Preserving the past

Having been in Muskegon for nearly 40 years, time has taken its toll on the Silversides. With much of the submarine’s hull lying below the waterline, the true condition of its structure is hard to inspect. That will all be addressed beginning in July of 2026, when the ship is scheduled to be towed across Lake Michigan to drydock in Sturgeon Bay, Wisconsin. Once there, it will get a complete renovation that will include structural inspection and repairs, cleaning, and the application of new coatings to protect the vessel from the Lake Michigan elements.

The total cost of the restoration is expected to come in around $3.5 million, with $750,000 of that being paid through a grant from the National Park Service. If all goes to plan, the Silversides will be in dry dock for a relatively short time, with the renovated ship scheduled to be brought back to Muskegon in the middle of October. During the sub’s absence, the museum will remain open to the public with other displays and exhibits including plans to host a visiting tall ship over the summer.

2026 is turning into a banner year for WWII naval vessels. Earlier this year, the sunken wreck of another historic Pacific War US Navy submarine was discovered in the seas north of Japan after being lost at sea for 80 years. Meanwhile on the west coast, the USS Hornet is also checking in for some renovations and possible relocation.





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You’ve built your small business from the ground up. It’s your pride and joy, your financial security, and a potential legacy for your family. But what happens to your business interests after you’re gone? Without proper estate planning, your small business could face a chaotic future, disrupting operations, hurting employees, and jeopardizing your loved ones’ inheritance.

Business estate planning is your secret weapon. It’s not just for the ultra-wealthy with complex trusts and wills. For small business owners, it’s a crucial tool to ensure business continuity and protect your business value. Here’s how you can craft a comprehensive estate plan:

Know Your Business Inside and Out

The first step in your estate planning process is taking a deep dive into your business affairs. Make a list of all your business assets: equipment, inventory, intellectual property, and real estate.

Furthermore, don’t forget your business debts like loans and outstanding payments. This comprehensive list helps you understand what needs protecting and planning for in your estate planning documents.

Chart Your Business’s Future Course

What do you envision for your business after you’re gone? Should it stay in the family? Be sold to a trusted partner? Wind down entirely? This is where business succession planning comes in. It’s about deciding the future of your business in a way that honors your legacy and sets your team up for success.

Here are some questions to consider:

  • Family Business? Do you have a family member who shares your passion and has the skills to lead?
  • Trusted Partner? Is there a key employee you see as the ideal successor?
  • Time for a Change? Are you open to selling the business to ensure a smooth transition?

There’s no right or wrong answer. The key is to have open conversations with your loved ones and key employees to understand their goals and aspirations. This will guide you in crafting a business succession plan that feels right for everyone involved.

Develop a Rock-Solid Business Succession Plan

This plan outlines who will take over your business and how. You might identify a family member, a key employee, or even an outside buyer. The business succession plan should detail the transfer process, including training and timeline.

Here’s how to craft a plan as strong as your business itself:

  • Identify Your Successor: It could be a family member you’ve been mentoring, a trusted key employee, or even an outside buyer.
  • Groom Your Successor: Start by involving them in key decisions to give them opportunities to learn the ropes.
  • Plan for the Unexpected: Have a backup plan in place. Identifying another potential leader or outline a buy-out option for remaining partners.

An experienced estate planning attorney like Keele & Parke can help you draft a legally sound plan that considers state law and tax implications.

Avoid Conflict with Ironclad Sell Agreements

If you have co-owners, a sell agreement is vital. This agreement dictates what happens to a deceased or incapacitated owner’s share of the business. It prevents conflict among remaining partners and ensures a smooth ownership transition in your overall estate plan.

Wills vs. Trusts: Choosing the Right Tool

A will can designate who inherits your business assets. But the problem is it can be a slow and public process through probate court.

Here’s where a revocable living trust comes in. Think of it as a private vault that holds your business assets during your lifetime. You can name yourself as trustee, so you’re still in control.

Another thing, you can designate a successor trustee to seamlessly take over managing the business if you become disabled or pass away. This avoids probate and keeps things running smoothly for your loved ones and your employees.

Wills are still important for your overall estate plan, especially for personal assets outside the trust. But for your business, a revocable living trust offers flexibility, privacy, and peace of mind.

Minimize Estate Taxes Through Strategic Planning

Nobody wants a big chunk of their hard-earned business value going to the government after they’re gone. That’s where estate taxes come in, and they can be a real burden for your family. But don’t worry, there are smart estate planning strategies you can use to minimize the impact of these taxes.

  • Smart Business Structure: The legal entity you choose for your business can impact your estate taxes. Talk to your estate planning attorney about structuring your business as a limited liability company (LLC) or another entity that might offer tax advantages.
  • Explore Powerful Trusts: There are special types of trusts, like grantor retained annuity trusts (GRATs), that can be used to transfer ownership of your business interests to your heirs while minimizing the taxable value of those assets.

The right strategy for you will depend on your specific situation and goals. That’s why it’s crucial to work with an experienced estate planning attorney and financial advisor. They can help you create a personalized plan that minimizes your estate taxes and protects your legacy.

Don’t Neglect Your Personal Estate Plan

Your business is just one piece of the puzzle. You also need a personal estate plan that includes a will, power of attorney, and healthcare directives. Without it, your loved ones could face a legal mess during tough times. Bills might go unpaid, important decisions could be delayed, and family heirlooms could end up in the wrong hands.

An estate plan ensures your wishes are followed. It names guardians for your minor children, designates beneficiaries for your personal assets (like your home and savings), and appoints someone you trust to make healthcare decisions if you’re unable to. This gives your family peace of mind knowing they’re taken care of, even in your absence.

Life Insurance: A Lifeline for Your Loved Ones

A life insurance policy provides your beneficiaries with a lump sum of cash upon your death. This can be crucial for surviving family members or business partners, especially if they need to buy out another owner’s share through a sell agreement or pay estate taxes.

Regularly Review and Update Your Plan

Life circumstances change, and so should your estate plan. Regularly review your plan, especially after major life events like marriage, children, or changes in your business structure.

Seek Professional Guidance for a Comprehensive Plan

Business estate planning involves complex legal and financial considerations. Don’t try to go it alone. Consult with an experienced estate planning attorney specializing in business succession planning and a financial advisor with experience in small business matters. Their expertise can ensure your estate plan is comprehensive, legally sound, and achieves your goals for business continuity and protecting your loved ones.

Final Thoughts

Safeguarding your business is like protecting your family’s future. Take control. Schedule a consultation with an experienced estate planning attorney today. They’ll guide you through the process and ensure your legacy lives on.



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