Sabrday, ' AMf'ltf'tito Binkley & Hurst Bros., Inc. Welcome More Than 500 To Open House LITITZ (Lancaster Co.) More than 500 Binkley & Hurst Bros., Inc. customers were on hand to see the latest equipment, gather information about transfer of farm real estate, and receive credits tow ard pesticide recertification at their annual Customer Appreciation Day and Open House on Tuesday. According to Don Hoover, sales manager, those in attendance gave “rave reviews” to the open house. He said, “People were impressed with what they learned. Many said it was the most effective and well received seminar ever offered for our customers ” The Open House featured a spe cial seminar which focused on the transfer of farm real estate. Ken neth H. Howard and James W. Appel, of Appel and Yost Attor neys, detailed what is involved in farm transfers and how farmers can obtain the maximum benefit. Because of increasing costs of farms and farmland, it is not uncommon for parents who are ready to retire from farming to want to simply give farms to their children, according to Appel and Yost. But farmers should consider the following regulations that app ly to transfer: • You may give $lO,OOO per year to as many people as you like, and there is no gift tax. • You may give an unlimited amount at any time to your spouse. • There is a limit of $600,000 that a single individual (or $1.2 million, under a unified credit amount, husband and wife) can give to other people in their life or at death, free of gift and estate tax. Amounts more than that are nor mally taxed. • Those who want to give more than $lO,OOO in the aggregate in a year must file a gift tax return, even if no tax is due. You must file the return so that the IRS knows how much of your unified credit has been used up. There are certain deadlines and other guidelines, such as market appraisals, that must be followed. • If the person to whom you give the farm sells it, they must pay a capital gains tax, which can be MFG. OF VEGETABLE GROWING MACHINERY FLAT BED MODEL 560 RAISED BED MODEL 2500 PLASTIC LAYER PLASTIC LAYER CL, MODEL 1400 WATER CHALLENGER MODEL 1800 WHEEL TRANSPLANTER PLASTIC LIFTER WE STOCK THE FOLLOWING SUPPLIES: Plastic mulch, Drip & Overhead Irrigation, PTO, Engine & Sub mersible Pumps, Greenhouse Supplies & Plastic, Aluminum & PVC Pipes & Fittings, Layflat Hose, Harvesting Baskets, Emiterss & Orchard Drip Systems, Sand, Disk & Screen Filters, Auto & Manual Backwash. “Let Our Experience Help You With Designing Your System" Call or Write for a Free Catalog. ©RAIN-FLO IRRIGATION 884 Center Church Rd., East Earl, PA 17519 (215) 445-6976 complicated. Other matters covered include bargain sales, installment sale plus forgiveness of debt, sale lease back, family partnership, farm cor poration, and gift with retained life interest. When considering death trans fers, the fanner is faced with a vari ety of options, depending on whether the estate is jointly own ed. There are an array of different options available to the fanner to transfer the property at death, including gift under simple will, purchase option under will, special use valuation, and defenal of estate tax. Other arrangements available include the complicated like-kind exchanges, outlined in the proceedings. To order a copy of the outline of the proceedings, contact Appel and Yost, 33 N. Duke St, Lancas ter, PA 17602. (717) 394-0521 or 123 E. Main St., Ephrata, PA 17522, (717) 733-2104 or 142 E. Main St., New Holland, PA 17557, (717) 354-4117. A followup panel discussion, chaired by Roger Moyer, Bank of Lancaster County, featured How ard, Appel, and Randy Kline, auc tioneer and farm appraiser. Also, the new Case IH products, including the Maxxum Tractor f A special pesticide certification members included Steve Fisher, water. Brubaker Agronomic Con- Hann, product specialist for Case session provided 1 corepointand 1 FMC; Mike Flemming. American suiting Services. A free lunch was m- category point credits. Session Cyanamid Co.; and Kurt Kinder- provided to those who attended. Adjuvant Enhances Herbicide Effectiveness RESEARCH TRIANGLE PARK, N.C. Growers have an advanced new adjuvant designed to improve foliar uptake of post emergence herbicides. Developed by BASF Corpora tion, Dash®HC adjuvant enhances the effectiveness of postemergence herbicides on field crops such as com, soybeans, for age crops, and fruit crops. “Growers often use spray adjuvants with postemergence herbicides to maximize control while minimizing the variation caused by plant and environmen tal factors,” said Mark Beale, Don Hoover, sales manager, Binkley & Hurst Bros., Inc., center, points to some of the features available in the brand-new for 1993 Klnze Model 2500 8-row planter line. More than 500 attended the Open House sponsored on Tuesday by Binkley & Hurst Bros., Inc. market manager for BASF Agri cultural Products Group. “Though many herbicide formulations include some form of surfactant, use of an additional adjuvant often improves the efficacy of the applied spray.” Research shows that many her bicides degrade rapidly on the foliage of treated plants when Ag-Chem Covers All Your Spraying Needs From Parts to Short Line Equipment Erb & Henry Equip. New Berlinville, PA 215-367-2169 C.B. Hoober & Son Intercourse, PA 717-768-8231 exposed to direct sunlight But Dash HC greatly increases the rate of foliar uptake, thereby limiting photodegradation. By optimizing uptake, Dash HC improves herbicidal activity under growing conditions. In addition, Dash HC allows a wider window OR CONTACT THE DEALER NEAREST YOU: Leinbach Tri-County Farm Supply Farm & Home Shippensburg, PA Bloomsburg, PA 717-532-5511 717-437-3440 F,™ S |£„ k ,p. Triple H Equip. Elizabethtown. PA Peach Bottom, PA 302-846-SS67 717-653-6867 717-548-3775 of application timing because her bicide activity is increased even on larger weeds. The improved performance Dash HC provides means that growers can obtain better and more consistent activity from their postemergence herbicides. Plant Food Co. Cranbury, NJ 609-448-0935
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