An Estate Planning Workshop will be held on Dec. 14 by the Texas A&M AgriLife Extension Service office in Randall County.
The free program will be from 9 a.m. to 12:30 p.m. at the Kuhlman Extension Center, 200 N. Brown Road, Canyon. The event will conclude with lunch courtesy of Happy State Bank.
RSVPs are requested to 806-468-5543 or to firstname.lastname@example.org by noon Dec. 10 for planning purposes.
“Estate planning is extremely important to farm and ranchland owners,” said J. D. Ragland, Ph.D., AgriLife Extension agriculture and natural resources agent in Randall County. “There are so many legal requirements that are necessary in passing on a farm or ranch to family members, it’s imperative to know the steps.
“Additionally, with laws regarding capital gains tax, it’s important to have a plan of action when considering selling a farm or ranch. The great thing about this program is that participants will receive current and accurate information from our very own AgriLife Extension agricultural law specialist.”
On the agenda
The first guest speaker will be Tiffany Dowell Lashmet, J.D., AgriLife Extension agricultural law specialist, Amarillo, who will address “Steps to a Successful Estate/Succession Plan.”
The other guest speaker will be Leah Davis with Burdett Morgan Williamson and Boykin LLP. Her topic will be “Using Entities – LLCs, partnerships, trusts, etc. – in Estate Planning.”
Lashmet and Davis will jointly present “Estate, Gift and Capital Gains Taxes.”