News

Coffee County Extension set to host estate planning workshop

Thursday, May 18,2017

Farmers and landowners often have many questions when they consider how to deal with land as they begin the estate planning process.
Who will manage the land and pay the taxes? Will children get along after the death of a parent? How can parents ensure that farming children have use of the land?
These are just a few of the questions that can arise.
The Coffee County Extension Office is hosting a workshop to assist farmers and landowners make better-informed choices as they make plans to transfer the family farm to the next generation.
Alabama Extension will host a series of workshops this summer to help farmers and landowners tackle those questions and issues. Workshops will be held in 17 locations across the state during June and July.
The workshop in Coffee County will be held Monday, June 12, at the Farm Center in New Brockton. The workshop will begin at 6:15 p.m. and finish around 9 p.m. The workshop is limited to 24 individuals to allow for discussion during the program.
Topics include succession planning, problems when there is no estate plan; basic documents in an estate plan; issues specific to landowners and problems with joint management.
Dr. Robert Tufts, an Alabama Extension farm management specialist, will conduct the workshop.  Tufts, who is an attorney, teaches Extension classes and workshops on estate planning. business entities, property law, timber tax and agricultural law and taxes.
To register for the Estate Planning Workshop, visit www.aces.edu/estate-planning-for-farmers or contact the Coffee County Extension Office at 334-894-5596.