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Show ber Farm Survey $Shows 2, 1977, THE HERALI ), Provo, Utah— Page27 Southeastern Utah Good Estate Planning Still Extremely Dry normal Needed by U.S. Farmers ring of rangec¢ conditions in ac- tern Utah to the Bu in our country t based on future effective decisions, the survey asked ly. what estate planning by 82 percent of the farmers who responded indicated that they have wills for the execution of their property. Despite a high percentage who said they had wills, only 36.9 per cent of the respondents had a com prehensiveestate plan for their farm Estate planning is more than mak: ing a will,” noted J, W. Lonney, Assis: tant Professor of Agricultural Law Virginia Polytechnic Institute and State University. ‘The total estate planning process involves looking into property ownership, the business organization, red the ducted by FARM FORUM Magazine. insurance programs as well as tax considerations.’ When asked aboutsetting up an estate plan, 35.6% said theyrelied mostly on a will. Other farmersindicated the following for their estate plans Set up a trust 18.5 percent Property and assets held in joint tenancy, 18.0 percent. Giving away moneyand/or property, 15.5 percent. Property, assets held as tenants in common, 11.6 percent. Relying mainlyon life insurance payments, 10.3 percent Have formed a family corporation, 9.0 percent Formed a partnership, 5.2 percent. Other, 3.4 percent. Have no estate plan, 14.6 percent. Considering the new Tax Reform Act of 1976, which added newrules that now influence estate and business planning General nion of the changes the new Over half(59.2 percent ch of that land depends on farmers. But are today’s farmers tak. ing the necessary steps to secure the future of their farmlands? According to a recent survey con- your “think the advantages out gh the disadvantages.” Somesaid he new law was “definitely a great im (124 percent), while others said the new law was provement” ‘no im: provement” (11.6 percent). Those not familiar with the tax law changes numbered15.5 percent In response to ‘Have you re examined your estate plan or will to see how the new tax law may effect them.” almost half (49.4 percent responded ‘yes,’ approximately one third (33.9 percent) said ‘no’ and15.5 percent stated they have no plan. or will Keeping an updated will and an ade. quaterecord of all assets andliabilities is another important aspect of estate planning When asked ‘Do youreview your will and how you holdtitle to property periodically to keep them up to date,” 62.5 percent said “yes,” 18.9 percent said “no” and again 13.7 ner- cent said they had no will. A “yes res of 73.0 percent indicated that most of the respondent farmers kept adequate inventory of their assets and liabilities. What aboutestate settlementcosts? While the majority (64.4 percent) said they have enough cash or insurance to settle costs effectively, almost a third (30.5 percent) said some assets will have to be sold Looking into the future, the survey asked farmers “'If you have your wish, field, Emery,Grand and Uintah counties Paul L. Howard, BLM director} Utah state emphasized that BLMhas receivedgood cooperatiof from stockmenin making voluntary adjustments f prevent over-gazing during this bad drought ye¢ These drought ions causedoperators to rear grazing by about 20 percent this year he added Consideration is always givento the economicny of the livestock operator but protection oft! vegetative resource is the prime concern. (, Weare also responsible looking at other aspefS uf vegetative uses such as wildlife and wild horgs and burros, said Howard Howard said that representatives of the’ festock industry, state agencies and other infested organizations havebeen kept informed of rfge con- ditions on BLM-administered public lands ross the state Explaining the dry conditions in sgtheastern Utah, Al Logosz, rangeconservationist {@BLM, said that precipitation is about 61 percent gMormal for the area and that maximum forage ppduction ap proaches only 60 percent of normal aiest. He said summer moisture was near normal by80 percentof this was lost due to evaportaion. Sugmerrainsal- lowedgrass plants to make somegfWth but shrub RA CER-BACK HOGS break from the starting gates at Galva, I. at the season’s Farm species made verylittle growth. Lgosz added that shrubs are importantforageforbot|attle and sheep (UPI Telephoto) coming fall-winter grazing seasoy state during the year P" of Washington ap- finishline at thi Farm Progress Show grownapples but onlyin some years in Utah- north of Washington, lowa Twenty-five racing pigs, clad in racing silks, However, the will take turns sprinting specialists say that in from a special starting uality and taste gateat the show Tuesday elicious apples grown by through Thursday. They To Good Ue MONA Lical stockmen have pk to good use an army talk truck on loan to then this some of Utah's b than a penney a bushel. The 1,000 fallon The proposed treaty also provides for periodic adjustments in payments to capacity Tool¢ Army reflect inflation. A 50 percentincrease Depot tanker vas rewould bring the toll charge up to about 3 cents a bushel, and doublingthetoll would make it about 4 cents a bushel. “Such increases would not materially affectthe levelof U.S. grain and soybean exports," said the three lowa State specialists — Dr. Phillip Baumel, Dr. Robert Wisner and John A Wallize. “The increases would have relatively little effect on the competitive position of U.S. versus Brazilian soybean exoe However, increases of this agnitude probably would produce a slig tly wider corn and soybean basis (the difference between cash and futures market prices) in some areas of the Midwest than currentlyexists.’ Anyincrease in toll probably would be divided between U.S. farmers and quested to gleviate drowth conditjns in the area by Jug County of equipment, seed, fer: tilizer andotherfirmsvying for attention at the Judges won't declare win: ‘by a nose,” It will by asnout. grown apples summer. fast. sai Me ideafor pig races plained. e partly from Holding already has Hetrained the hogs by de aie ation. With scores keeping them hungry, heard a lot of bad jokes GALVA, Ill. (UPI When theracers cross the will race 40 yards along a sawdust course, clocked better than Washington 5,y an electronic apples. When sample scoreboard. A mirror slices are cut from the hanging over the track apples, persons tasting will provide easy viewing them tend to pick the for specators. growers are as good or Utah apples because they Heinold, an indepen- Commissiones through have moresugar than the dent hog buyer, will per- the Soil C@servation District and has been undenhe direction of Soil Coyervation Service emppiee William MeMullin Bill Suyerland of Mona has beg hired by the state » make water deliverts five days a then putting a feed dish at abouthis project butisn’t concerned. A bigger worthe endof the course Within eight days they ry, he said, is that “some knewenough to get into old codger farmers are the starting gate”’ on going to sit around the command, he said, ‘They tentall day, making book condition remarkably on the races.”” show, a gimmick is an ab: jles, 5 consumers have After a month of train solute must We said, Pee”, conditioned to look ing. Heinold Companies for delicious apples with is sponsoring a full race hogs?’’” an elongated shape. That fledged program of pig shape occurs naturally racing at the exposition each year in Washington- By a Snout The Winner Approximately 2,000 operators f42e500,000 sheep and 150,000 cattle on BLM-admigsteredlandin the Utah's Apple isMore Than Just a Petty Shape the gate and rings a bell to start the hogs in a training session prior to the big event for racing hogs to be featured at the show Progress Show. Trainer Roy Holding, left, hopes that would normallyuse desert ynges during the would you want your children to conUtah horticultural linue operating your farm?’ The ma- specialists note that jority (55.8 percent) responded through extensive promo‘Although I would prefer it, if my oe decide notto,it’s all right with Stockmen * Others (30.5 percent) answered "definitely yes,”’ and 9.9 percent said “no. Put Truck New Panama CanalTreaty Will Affect Grain Prices Ratification of the new Panama Canal treaty signed by President Carter on Sept. 7 will mean only slightly higher tolls in U.S. grain moving through the Canal. Butthe toll increase will be felt most in areas of the Midwest that traditionally ship large volumes of grain to Gulf port — Iowa and southern and western Illionis, according to an analysis of the treaty's impact on U.S.agriculture in the Sept. 19 issue of FEEDSTUFFS,The Weekly Newspaperfor Agribusiness. The canal is a heavily used link between the midwestern Grain Belt and the important Asian market for corn and soybeans. The three main destinations for U.S. grain shipped through the Canal are Japan, Taiwan and Korea, Virtually all grain moving from the Gulf of Mexico to Asia goes through the Canal. Prepared by three lowa State Universityspecialists in marketing and economies, the FEEDSTUFFS report suggests thatif the higher new charges outlined in the treaty are financed by tolls, the added cost of shipping grain through the Canal would amountto less and stockmen still extremely Washington apples mit visitors to bet on the Utah State University races for promotional researchers have tested rizes the ability of growth RoyHolding, advertisregulators to change the ing manager for Heinold, Shape of Utah apples ‘Why not NY SOWWI US. farmers own 38 percent of the iand figures from the U.S nent of Commerce Causes of Agriculture. The at Management jons by BLM indicates that range conditions 4 dry in parts of San) Wayne Holding eXx- CARPET CLE Senior Citizen: 5 10% Off STEA M ANY 2 ROOMS & 16% Service HALLWAY RESIDENTIAL FURNITURE MOVING DEODORIZER, COLOR BRIGHTENERS 100% MONEY BACK GUARANT! COMMERCIAL(Special Rate) w (WARD) gate we Wiis jonkAmericard4ol 60he ASAAAAAAAAAL week, Pwever, stockmen mustfike over the chore themglves on weekends. MySutherland stated thathe makes deliveries Asian importers, the three explained in for jattlemen not onlyin Maia but in Nephi and the FEEDSTUFFSreport. Lean as well. In August Grain, petroleum and coal account he was hauling 12 truck for morethan half of the PanamaCanal I@ds a day but now vessel traffic today gerages about 9 loads. TRIPLE ‘E’ IS CUTTING PRICES ON MICROWAVE OVENS! $ VECOOKING TIME ND MONEY NOW! 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