control profit-robbing flies Feeding Oral Larvicide turns your herd into an effective fly control army that kills face flies, horn flies, stable flies and house flies before they take wing. ROL passes through cattle to activate their manure destroying all four flies’ larvae before they rob you of profits. It is approved for lactating dairy cattle. Flies are more than a nuisance. They spread disease and reduce milk produc tion. The time to start your ROL fly control program is this spring with all summer follow through. Try Rabon now ®yomig’s, iYOU AND YOUNG'S - PARTNERS IN PERFORMANCES and flies If you don't know the name and phone number of the YOUNG'S representative in your area call collect at [Bl4] 224-5111 Headquarters at Roaring Spring, PA. Is everybody’s will won't get off the ground. me* Livestock Nutritional Lancaster Farming, Saturday, May 3,1980—83 (Continued from Page B 2) Sally needed to spend any of the children’s inheritance, she had to petition the Commonwealth’s appointed guardian. Perhaps even more tragic is the case involving an elderly widow we’ll call Katie Jones Katie, at the golden age of 75, found herself suddenly in the midst of an estate nightmare. Her husband, who died at the age of 77, had ac cumulated a great deal of property in his own name during his lifetime, in the amount of $250,000. Katie's children, age 40 and 55, were both married and successful farmers. Unfortunately, Katie and her husband never drafted a will. Now she was at the mercy of the state, whose plan called for her children to receive half of the assets with Katie getting $20,000 plus 50 percent of the $250,000. Katie watched helplessly as half of the accumulated Services assets she and her husband worked for were lost to her children at a time when she was depending on the assets for her future cost of living and medical expenses. Katie is happy her children inherited the assets rather than the government. But, she lives with the constant fear that she may i someday run out of money. In the case of Katie, Darrell Ford recommended establishing a trust where half of the assets would have been given to the wife and half would have been set up in a trust with the use of the money reserved for the widow for her lifetime. At the tune of her death, Ford said, the money would go to her children without being taxed a second tune. Elvm Byler, a Lancaster attorney, said he recom mends that people write a will if for no other reason than to appoint an executor. He explained that if the state has to appoint an executor preference will be given to close relatives. However, the person who gets the responsibilities of executing the will must file a bond, obtained from an insurance company, and pay in a premium to the bonding company. For an estate worth $lOO,OOO, Byler said, the bond costs from $3OO-$4OO per year; as the value of the estate increases, so does the bond. Most estates, he noted, are settled within one year, so it would mean only one payment. “Just having a will doesn’t save you anything except the bond fees,” Byler said. “If you’re worth more than $200,000, you should make a will for the major reason of saving taxes.” Byler also recommended that both the husband and •wife have separate wills, even if they are a carbon copy of each other with separate signatures. “The will has to be ready to go on record at the courthouse the day of death,” he explained. As far as whether to have a homemade will or have one professionally drafted, the Lancaster attorney said, “Homemade wills are possible, but attorneys charge their lowest fees for writing *“ wills, assuring proper wording for their clients.” Next week Lancaster Fanning will study the tax saving tool—the trust.
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