May 10, 2001

Ranch Estate Planning Seminar Set For August 8-9, At Texas A&M

Writer: Tim W. McAlavy, (806) 746-6101, email: t-mcalavy@tamu.edu
Contact: Wayne Hayenga, (979) 845-2226, email: w-hayenga@tamu.edu

COLLEGE STATION – A 1½ day  Ranch Estate Planning seminar designed to help Texans reduce their estate
taxes and make effective estate planning decisions will be offered August 8 and 9 at the College Station
Conference Center.

“This seminar is designed to help Texans make wise ranch estate planning decisions by providing a wealth of
information on tax and estate planning matters,” said Dr. Wayne A. Hayenga, Texas Agricultural Extension
Service economist-management. “It is useful for married couples, spouses, potential estate executors, trustees
and those who want to make estate settlement less burdensome.”

The seminar will run concurrently with Texas A&M’s 47th annual Beef Cattle Short Course and Trade Show –
slated August 6-8.

The Ranch Estate Planning seminar will cover:

     •    Basic planning devices such as wills, living trusts, estate tax deferral, gifts and property titles.
     •    Treating beneficiaries fairly.
     •    Planning tools for agriculture; focusing on use of corporations and partnerships, special farm land
           valuation, family-owned business exclusion, and rules for deferring estate tax payments.
     •    The role of life insurance in estate planning, and tax valuation rules.

Hayenga is an attorney as well as an Extension economist. He works extensively with farmers, ranchers and
family-owned firms in financial, business and estate tax planning.

The program will run from 1:30 to 4:30 p.m. on Aug. 8,  and from 8:30 a.m. to 4:30 p.m. on Aug. 9 (including
lunch). Registration costs $100 per person and includes printed materials, refreshments, and meal. Registration
and other information is available by calling Sharon at (979) 845-2226.

The Estate Planning Seminar is sponsored by the Texas Agricultural Extension Service in cooperation with
Texas and Southwestern Cattle Raisers Association.

More information on the Beef Cattle Short Course is available by calling (979) 845-3579.