You’ve been granted free access to this subscribers only article.
Eagle Ford: Estate-planning seminar Sept. 19
The Wilson County AgriLife Extension, in coordination with Johnson Bender and Co., will provide an educational seminar to discuss the implications of the current estate tax law changes, along with potential solutions. The presentation also will discuss charitable planning and investment ideas.
The seminar will take place Wednesday, Sept. 19, from 6-9 p.m. in the Wilson County Show Barn located off S.H. 97E in Floresville. Dinner will be provided at roughly 7 p.m. for those attending. The seminar cost is $10. Registration deadline is Friday, Sept. 14, to the Texas AgriLife Extension office in Wilson County at 830-393-7357.
Ensuring that family assets are passed down from generation to generation is a primary goal for many households. With the Bush Tax Cuts set to expire at the end of 2012, this could result in families with land and other assets (such as farm equipment, homes, and royalties) being subject to death taxes reaching as high as 55 percent. Without adequate financial planning, the next generation could be forced to sell the family’s land and other assets to pay estate taxes.
Many individuals do not realize that the current $5 million (per person) estate tax exemption can be used during their lifetime. The ability to make a large gift free of gift taxes is something that has never before been available as an estate-planning tool.
Your Opinions and Comments
The Marcelina Muse
Dry Tank, TX
September 13, 2012 11:43am
Share your comment or opinion on this story!
You must be logged in to post a comment.
Section A: General News Archives
City says no more streetlights (October 7, 2015)
CMMC offers low cost mammograms (October 7, 2015)
County judge invites taxpayers to Town Hall (October 7, 2015)
Court Update (October 7, 2015)
Crosscurrents characterize city session (October 7, 2015)
Deputies charge game-room owners (October 7, 2015)
Does the right to collect still exist? (October 7, 2015)
Early detection vital to treating breast cancer (October 7, 2015)
Editorial: Challenges of democracy (October 7, 2015)
Editorial: Do not kill police officers, black people, white people, or any people (October 7, 2015)
Editorial: Good riddance, John Boehner! (October 7, 2015)
Editorial: President Obama once again too quick to ‘jump the gun’ (October 7, 2015)
Feather Fest 5K walk/run winners (October 7, 2015)
FELPS estimates near $1M savings after refinancing ’02, ’05 bonds (October 7, 2015)
Going hog wild with cook-off, ranch rodeo (October 7, 2015)
Health options workshop is Oct.13 (October 7, 2015)
La Vernia EMS president: Let’s train together (October 7, 2015)
Laubach Cemetery group plans meeting (October 7, 2015)
Letter: Seeking De La Peña family photos (October 7, 2015)
Luther Thomas Elementary earns Blue Ribbon status (October 7, 2015)
Meeting Watch: China Grove City Council (October 7, 2015)
Meeting Watch: Falls City ISD (October 7, 2015)
Meeting Watch: Floresville 4A Corp. (October 7, 2015)
Paxton: Attorney misled immigrants (October 7, 2015)
Pilot digital photography workshops coming to parks (October 7, 2015)
Police Blotter (October 7, 2015)
Texas A&M-San Antonio opens to freshmen Oct. 1 (October 7, 2015)
Texas secures highest credit ratings (October 7, 2015)
Water rules affect all Texans (October 7, 2015)
West Nile survivor shares story of recovery (October 7, 2015)