So lawyers are the only people on the planet capable of reading and understanding tax law? I know that is what lawyers want people to believe, that is why they couch everything in made up legalese that is largely meaningless. There won't be any lawyers getting a nickel of my life's work, we have been transferring land for years using the gifting limit rules in the tax code, the same with machinery and livestock. Every bit of it legally recorded in the courthouse and when I am done 320 acres will change hands without a penny owed to the government, if I croak today my Wife will carry on with the program. Beside that, the limits that have been in effect for the last several years regarding inheritance tax thresholds mean very few people would leave a taxable estate anyway. If inheritance tax laws change for the worse in the coming years then I will transfer money and draw down cash and lock it up, once I am dead no one can prove whether I went to Vegas and threw it on the dice table or not. The reason lawyers are required in many estates is because of greedy grifters, if I thought any of my children would act in such a manner and disgrace their family name I would take an axe handle to them myself.
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Today's Featured Article - A Lifetime of David Brown - by Samuel Kennedy. I was born in 1950 and reared on my family�s 100 acre farm. It was a fairly typical Northern Ireland farm where the main enterprise was dairying but some pigs, poultry and sheep were also kept. Potatoes were grown for sale and oats were grown to be used for cattle and horse feeding. Up to about 1958 the dairy cows were fed hay with some turnips and after that grass silage was the main winter feed. That same year was the last in which flax was grown on the farm. Flax provided the fibre which w
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