If you are a farm or business owner you may want to attend a series of estate planning courses coming up on the 17th.
Click to hear KMZU’s Brad Hartman talk with spokesperson Whitney Wiegel:
Press release from the Lafayette County Extension
Do you want to be in charge of who gets your assets after you’re gone? Are you concerned about what your estate will cost your heirs? What are the best tools available to plan my estate how I want? These are just a few of the questions that will be answered at the Farm & Small Business Estate Planning Workshop series that is being held January 17, 24, 31 and February 7th. The sessions will begin at 6:00 p.m. and run until 9:00 p.m. at the following locations: Lafayette County MU Extension Center in Higginsville and the Grand River Tech School in Chillicothe. The presentations for the class will be delivered via interactive television (ITV). Participants at each site will be able to see, hear, and ask questions of all the presenters. The cost to participate in the class is $50 per person or $60 per couple or single business entity. Pre-registration is required by January 11th. Registration fees include your materials and refreshments. To pre-register, contact the Lafayette County Extension Center (660) 584-3658 or Livingston County Extension Center (660) 646-0811. Space is limited so sign-up today.
“Due to the fact that farmers and businesses have some very unique estate issues, these sessions are geared to their specific needs” says Joe Koenen, Agricultural Business Specialist with University of Missouri Extension who is one of the persons who developed and will help teach this program. “The major increase in asset values, especially land, in the last several years, and the recent law change at the Federal level has made this topic even more critical of late” said Joe.
Session 1 will discuss Why Plan Your Estate; Who Should Be Involved; What Materials You’ll Need; Property Ownership and Business Organization and Choosing Advisors, including attorneys. Session 2 is on Probate in Missouri; Estate and Gift Taxes; Communication Issues with Family and others and An Introduction to Estate Planning Tools. Session 3 will be on Probate with Associate Circuit Judge Karl DeMarce, and Session 4 will finish up with Estate Planning Tools and discuss where to go from here. Participants need to attend all 4 sessions of the course.