University of Maryland Extension

Farm Estate Planning Workshop

When: 
Wednesday, Nov. 6, 2013 - 8:30am to 1:00pm
Where: 
Chesapeake College
Address: 
Higher Education Center Room 110
1000 College Circle
Wye Mills, MD 21679
United States
Event Type: 
Presenter: 
University of Maryland Extension Center for Agricultural & Natural Resouce Policy
Description/Notes: 

You’ve worked hard to build your assets—your farm, home, personal property—and to provide a level of financial security for your loved ones. Doesn’t it make sense to work just as hard to protect them in the event something should happen to you?

 Come learn how to start that all important line of communication, with resources that will help you along the way. A highlight of this workshop will include an in-depth panel discussion on “best practices” to preserve your life's holdings, ensure their efficient transfer to your beneficiaries and meet family objectives. Attendees will learn: Wills, Living Wills, Powers of Attorneys - What they do- and don’t do; When to update?, How to protect your assets from death taxes and nursing home care costs, Your options for paying for home care and assisted living care, Keeping the peace: Ideas for reducing conflict among family members, What is new with the IRS- reducing tax liability, Special issues unique to farmland and farming businesses, What you can start doing now to prepare for the possibility of your death or disability. Speakers include University of Maryland Extension, a Certified Public Account (CPA) and a Lawyer that specializes in farm estate planning here locally and a Lawyer specializing in agriculture law.

 The workshops are targeted to farmers and owners of farm and other rural land. Individuals involved in farm estate planning, other businesses serving farmers, and state and local governments would also find this workshop helpful.

 Cost: $10 per person and includes lunch and materials. For registration, follow the link below.

Cost: 
$10.00
Contact: 
Jenny Rhodes
Contact Email: 
jrhodes@umd.edu
Contact Phone: 
410-758-0166
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