It’s the time of year when you may be thinking about finally creating, or updating, your estate plan. Hopefully you are also thinking of the benefits that come along with including support for a cause that’s important to
you.
Before you make a gift in your will, it’s wise to think it through…and to have a conversation. As you shape your long-term plans, find out how they align with organizations you’d like to include by asking these four key questions.
The question of succession weighs heavily on the mind of nearly every rancher: “Who will take over my ranch once I am gone?” According to the USDA, within the next two decades, approximately 70 percent of U.S. farming and ranching operations will confront this issue. While the next generation often assumes responsibility, this isn’t always the case, necessitating careful planning and arrangements to safeguard the operation into the future. For the late Louise Hanson, the original proprietor of the Hanson Ranch, a conservation easement emerged as a cornerstone of her estate planning.
California Rangeland Trust is a nonprofit, tax-exempt charitable organization (tax identification number 31-1631453) under Section 501(c)(3) of the Internal Revenue Code. Donations are tax-deductible as allowed by law.
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