JoCo Grange Estate Planning for Farmers Three Part Seminar Series
Estate Planning for Farmers. Passing the Farm to the Next Generation.
JoCo Grange is inviting all interested landowners to a three part farm succession series.
- August 15th, 6:00 PM at the Johnston County Ag Center, 2736 NC 210 Hwy, Smithfield NC
- September 19th, 6:00 PM at the Youth Livestock Arena, 520 County Home Road, Smithfield NC
- October 17th, 6:00 PM at the Johnston County Ag Center, 2736 NC 210 Hwy, Smithfield NC
Pre-registration is required to prepare a meal. All registrations are due on August 13th and 5:00 PM.
To register, please click here or call (919) 989-5380.
We understand this is a busy time of year, but this is an important topic. There will be time for questions after each seminar. Each seminar will focus on different topics and we will send out separate sign-up sheets for each meeting date.
Farmers face unique challenges regarding estate planning. Creating an estate plan that leaves all assets "equally to the children" may force the sale of the family farm. In this seminar, Tyler Britton discusses practical farm succession techniques to help farmer clients transfer their business to the next generation during their lifetime and death.
Topics covered include:
Federal estate and gift tax
Probate law
Present-use valuation program
Establishing legal entities (LLCs and corporations) that can provide retirement income for the senior generation and pass ownership to the younger generation
Providing for off-farm heirs
Sales and/or gifts of assets
Using trusts effectively
Our speaker will be Tyler Britton. Tyler Britton serves as Professor of Trust and Wealth Management and Director of the Master of Trust and Wealth Management program at Campbell University. Tyler is a member of the United States Supreme Court Bar, North Carolina State Bar, North Carolina Bar Association, and Johnston County Bar Association.
In addition to his duties at Campbell University, Tyler manages and operates two law firms, specializing in commercial and residential real estate, estate planning, estate administration, and trust law. He serves as general counsel for local companies and non-profits, serves on the Board of the Trust Education Foundation Inc., and is the Dean of the Trust Advisors Institute. Tyler also serves as a Guardian ad Litem Attorney Advocate and Guardian ad Litem for the 11th Judicial District, the Public Administrator for Johnston County, and the Public Guardian for Johnston County.
Page last updated on: August 7, 2024