OCR Text |
Show Page 8 November 1975 Utah Farm Bureau News How much will toeyhave to sell to keep the place going without you? State and federal estate taxes may force your family to sell part of your farm to hold onto the rest. But careful estate planning makes sure the family farm stays in the family. It often reduces the tax bite. And estate planning can provide the extra cash your family needs to keep the home place going without you. Estate planning helps avoid legal pitfalls, too. For example: if you die without leaving a will, your wife may receive only one-ha- lf of your estate under Utah law while your children receive one-hal-f. Another example, if you purchased property with your own funds, the entire value might be taxed upon your death even if its in your wifes name, too. Dont let your estate get divided and heavily taxed by these arbitrary laws. Plan your estate with the help of your attorney and your Country Mutual Life agent. Country Mutual Life offers estate planning service. For years it has provided cost-fre- e consulting services to farmers and their attorneys. h Farm Bureau insurance See your Country Mutual man today. Hes close by. Life-Uta- |