|
|
About Us
County Impact Statements - Woodruff County
Woodruff County Promotes Planning for the Future
An Estate Planning Program was conducted in Woodruff County for the first
time this year. The program was conducted because many families accumulate
wealth through years of hard work and management. Yet, some of these individuals
neglect to plan for the orderly transfer of their estate to the next generation.
The program was designed to help property owners with the fundamentals of estate
planning and encourage them to plan for the preservation and transfer of their
assets.
Thirty-four people participated in the two-day program. Since the program,
five families have planned and received further knowledge on how to transfer
their estate in an orderly fashion. The program was such a success that it will
be repeated next year.
One family told me that they had their estate planned before this program but
after attending the program they realized that estate laws can change from year
to year. Therefore, their will was not up-to-date. They said after the program
that they made an appointment with one of the guest speakers to look over their
estate. The family told me that the program saved their children a lot of time
and money after updating their will and more programs should be taught on this
subject.
The program was sponsored by the three local banks in the county they were:
- Bank of McCrory
- Bank of Augusta
- Merchant and Planters Bank
Nikki Schaefer Family & Consumer Sciences Agent presides over
Estate Planning Meeting.
|
Impacts
- FY 2001, 34 people participated in a two day estate planning program.
- FY 2001, 5 families have planned and received further knowledge on how
to transfer their estate in an orderly fashion.
- FY 2001, 181 people participated in educational meetings related to
resource management skills.
- FY 2001, 200 hours was spent planning, conducting, ,marketing, and
evaluating educational programs related to resource management.
|
