Plan now to Celebratethe Farm and home Center’s 50th anniversary!

atTHE FARM AND HOME CENTER

Fall/Winter 2013 / Volume VI, No. II

In January the Farm and Home Center will celebrate 50 years of serving the needs of Lancaster County’s vibrant agricultural community. Mark your calendar for Tuesday, January 21, 2014, and join us for this gala event.

Dr. David Kohl, professor emeritus of agricultural finance and small business management at Virginia Polytechnic Institute, will be the speaker, bringing his entertaining and up-to-date as-sessment of the agricultural economy. Nationally known for his wit, wisdom and down-to-earth observations, Dr. Kohl is an advocate of Cooperative Extension and 4-H and the role they play in successful agriculture.

He has traveled over seven million miles, conducting more than 5,000 workshops and seminars for agricultural groups, bankers, regulators, produc-ers and agribusinesses. An author of four books, he has also had more than 1,000 articles published on financial and business-related topics. If you haven’t heard him, you won’t want to miss his presentation; if you have heard him, you know the treat that awaits you!

The social hour begins at 5:30 p.m., followed by dinner at 6:30. Emazing Grace, an award winning bluegrass duet from Manheim, will provide entertain-ment.

Ticket cost is $50, and table sponsor-ships for $500 are also available. Res-ervation deadline is December 15, 2013, and seating is limited. To reserve a spot, please return the form on the back page of this newsletter or go to our website, www.farmandhomecenter.com.

The dream of an agricultural meeting place in Lancaster County became a reality through the dedicated efforts of Elmer S. Esbenshade who donated the land, M. Max Smith, influential Penn State county agricultural agent, and Levi S. Brubaker, a well-respected Master Farmer from Rohrerstown. Through their leadership, the entire Lancaster agricultural community helped raise the funds to build this “first-of-a-kind” meeting and office space. Leaders stressed that the private fund-raising would underscore the vital importance of agriculture to Lancaster County and beyond.

The Farm and Home Foundation was incorporated as a non-profit organiza-tion on October, 1960, paving the way for tax-deductible donations when the fund-raising campaign began in earnest in 1965. Groundbreaking for the project was held on November 30, 1966, and the building was completed in February, 1968. The Foundation held its fourth annual meeting in the basement of the newly completed Center.

Home to the Penn State Cooperative Extension, the Center has been an edu-cational hub for agricultural groups, a meeting place for 4-H events, and an in-

creasingly popular space for many com-munity activities. The Lancaster County Conservation District, USDA’s Natural Resources Conservation Service and USDA’s Farm Service Agency also have been long time tenants and supporters. The Center has served as a model in the state and around the country as others recognized the value of an independent agricultural center.

Elmer Esbenshade, shortly before his death, established a $50,000 scholarship trust fund with its earnings to be used for scholarships for county students with career goals requiring study in some field of agriculture, consumer science or family living. Since 1966, the Farm and Home Foundation has awarded 464 scholarships to graduating seniors of Lancaster County having a cumulative value of nearly $540,000. Scholarships are funded through available earnings of the Esbenshade Trust Fund along with budgeted monies of the Foundation in keeping with its charitable mission goals. Beginning in 1999, the Founda-tion has also sponsored auxiliary awards to students participating in the Science and Engineering Fair whose projects demonstrate excellence in agriculture or consumer sciences. Additionally, the Foundation offers annual 4-H grants and provides meeting rooms at the Center at reduced rates to other local non-profits.

Plan to attend this 50th annual meeting celebration and invite others who sup-port the effort, as we celebrate the past and continue Growing Our Future at the Farm and Home Center.

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table oF Contents FHC 50th Anniversary . . . . . . . . . .1 Manager’s Desk . . . . . . . . . . . . . . .2 2012-2013 Donor List. . . . . . . . . . .3 Office Lease Available . . . . . . . . . .3 DBC Ag Products . . . . . . . . . . . . . .4 Penn State Extension. . . . . . . . . . 4-5 Penn State Lancaster Center . . . . . .5 USDA’s Natural Resources Conservation Service . . . . . . . . 5-6 USDA’s Farm Service Agency . . . .6 Lanc. Co. Conservation District . . .6 John H. Lichty. . . . . . . . . . . . . 6-7, 3 ExtraOrdinary Give. . . . . . . . . . . . .7 Growing Our Future Tear Slip . . . .8

Linda J. Armstrong, Manager

Farm and Home Foundation of Lancaster County1383 Arcadia RoadLancaster, PA 17601-3149Phone/Fax: 717.392.4911Email: info@farmandhomecenter.comwww.farmandhomecenter.com

From the manager’s desk:

Shorter days, brisk nights, and amber-hued foliage indicating the fall season’s arrival are not the only recent changes at 1383 Arcadia Road.

Since early July, our parking lots were expanded, gaining 49 additional spaces for a total of 323, including 9 handicap spaces. This addition allows us all the paved area we are permitted for the property. As part of the stormwater management provisions of the expansion project, we incorporated a rain garden as an innovative means of collecting exces-sive rainfall. Once the plants become more established, they will absorb the run-off and at the same time beautify the front of the property. We are looking for volunteers to help with its maintenance several times during the growing season. If you are able and would like to assist or know an individual or group who could, please let us know.

Another exciting move forward is described in an accompanying article: the addition of a new building tenant in October, DBC Ag Products in Room 102. We are happy to have the Daniel

Baum Company join the Farm and Home Center.

Wi-Fi was also recently installed to service our meeting rooms, offered as an additional amenity at no extra cost to renters. It is password protected in order to maintain safety and security for everyone. If you need to access internet information during your presentations in the Max Smith Auditorium, Pennfield Multi-purpose Room, Steinman Confer-ence Room, or Ruhl Insurance or Fulton Bank Classrooms, you may simply obtain the password from the manager’s office prior to your meeting.

Finally, I hope you read the front-page article announcing the exciting 50th Anniversary Banquet celebration on January 21, 2014, in our Max Smith Auditorium. You will not want to miss the wonderful evening of good food, a captivating speaker, talented musicians, and sharing fifty years of memories sur-rounding this golden treasure of Lan-caster County. I will look for you then!

board members:Nevin H. Dourte, PresidentP. Kenneth Rohrer, Vice-presidentN. Alan Bair, SecretaryAlan W. Strock, TreasurerE. Scott AugsburgerRobert N. BarleyJack ColemanKurtis L. GroffLarry GroffJ. Larry HessLloyd HessRichard D. HessJames KetteringJames L. MusserBernard R. NissleyBonita RanckGlenn RohrerHelen RohrerRobin RohrerLloyd Welkadvisory:Leon J. ResslerLinda J. Armstrong, Manager

Linda Armstrong

mission statement“the Farm and home Foundation of lancaster County strives to sustain

and preserve our agrarian heritage by supporting, strengthening and promot-

ing the advancement of agriculture and family living in local communities through education, leadership develop-

ment and conservation.”

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giFts & Pledged donations reCeived:oCtober 1, 2012 – sePtember 30, 2013

HARVESTERS: $25,000-$49999:

REAPERS: $10,000 - $24,999:

CULTIVATORS: $5,000 - $9,999:

PLANTERS: $1,000 - $4,999:Nevin and Doneen DourteE M Herr Farm & Home StoreLancaster Co. Community FoundationGlenn and Joyce RohrerSnavely’s Mill, Inc.

TILLERS: $500 - $999:James and Linda ArmstrongB&R Cattle CompanyJames and Ruth BuckwalterGrant Heilman Photography*J Larry and Janet HessJ Robert and Evelyn HessLloyd and Barbara HessHess’s Catering, Inc.Lancaster Electric, Inc.*Harold and Judy MusserHarold and Helen RohrerRohrer Dairy Farms LLCEmma Plastow SmithSusquehanna Bank, Inc.

GLEANERS: $100 - $499:Anonymous Donor

N Alan and Sally BairGary and Lucinda BieseckerTimothy and Cher BreneisenBrubaker FarmsDennis and Ellen EbyDiana ErbJames and Romaine ErbJohn and Phyllis EshlemanDaniel FoxRoland and Peggy GehmanElias and Mary GroffJames and Virginia HessLanc. Co. Dairy Promotion ComitteeAxel and Susan LindeForney and Kitty LongeneckerBruce Marshall and Adam HendersonLamar and Sally MoyerLeon and LouAnn ResslerPhilip and Lisa RisserHarry and Jeanne RitterRoger and Kandy RohrerTobin ShankR Kenneth and Sarah ShearerKenneth and Anna SkilesVal-CoPaul and Karen Wolgemuth

FRIENDS: $1 - $99:Backyard Fruit GrowersJason BossBernard and Molly Bronsberg

Stephen and Patricia CrandallMarie DullJames and Cindy FairchildBarry and Dawn GeibDave and Stephanie GordonJeffrey and Laura GraybillEric and Melissa HerrRichard and Lory HessJames and Jean HogueBrendon and Yvonne LandisJohn and Shirley LichtyJohn MartinJoyce McClintockDoris MontgomeryDouglas and Katina MusserPA Center for Beef ExcellencePioneer SeedsAnna RentschlerAllen K. RisserDaniel and Grace RohrerWilliam and Catherine ShirkSpring Valley FarmsJohn and Joan StipeJohn and Joanne WeaverDonald and Emily WelkDavid and Kendra WiebeMartha ZeppRobert and Barbara Zook

*Gift-in-Kind

Continued from page 7You may want to bestow gifts of cash or property to loved ones or favorite charities. Wait until you have a financial plan before giving or lending money to anyone, even family members. If you decide to do so, put everything in writing to protect your rights and avoid hurt feelings. Be mind-ful that: (1) If you forgive a debt owed by a family member, you may owe gift tax on the transaction; (2) You may make individual gifts of up to $14,000 each calendar year without incurring any gift tax liability ($28,000, if you are married and you and your spouse split the gift); (3) You can give an unlimited amount to pay for someone’s education or medical bills without paying gift tax if you pay the school or physician directly; (4) If you make a gift to charity during your lifetime, you may be able to deduct the amount of the gift on your income tax return, based

on your adjusted gross income. Because tax implications are complex, consult a tax professional for more information before making sizable gifts.

Farm & Home Foundation4

The Farm and Home Center welcomes DBC Ag Products, Inc. as a new tenant in October. This dynamic, third genera-tion family business fits extremely well with our agricultural and educational mission by developing and marketing innovative all natural solutions that target animal health to overcome animal agriculture’s toughest challenges.

Key products such First Arrival® with Encrypt®, Last Stand® with ImmWave®, Backyard Chicken™ Health Pack and their Nutri-Core® product line for poultry health are just a few of their innovations. Their use of applied microbiology, enzymology, and immunology has led to products that aid producers in raising healthier dairy and beef cattle, sheep, goats, poultry, swine, horse, fish, deer, and camelids. For more information regarding their products and contact information, visit their websites: www.DBCAgProducts.com and www.headgearllc.com.

Dan Baum, DBC’s President, holds a degree in Animal Production from Penn State and has 20 years of experience in microbiology. This expertise was the catalyst that led him to expand the company known for Baum’s Bologna into an innovative biotech animal health company focused on solving animal health challenges for livestock and poultry producers. His brother, Tom, Vice-President, holds an Agricultural Business Management degree from Penn State, with experience in the strategic and financial management of the busi-ness. David Mathes, Director, Sales and Marketing has over 25 years’ experience in driving sales growth in the animal health and human pharmaceutical busi-ness. Ilsa Bender, Office Manager, keeps things running and welcomes everyone who stops by.

Their new office at the Farm and Home Center will be in Room 102 on the first floor, where the Penn State Lancaster

Center was formerly located. We extend a warm welcome to all the DBC Ag Products staff and invite you to stop in and introduce yourself to them.

eXtension news

Pennsylvania is not generally thought of as a wine state but since 2000, the num-ber of wineries has increased from 40 to 160, including new wineries like Waltz Vineyards, Vineyard at Grandview, Octoraro Cellars and others in Lancaster County.

As viticulture educator, my job is to provide educational opportunities and services to commercial wine grape growers, i.e. to help them grow better grapes that will make fine wines.

When I first arrived in Lancaster County from Oregon, I knew that it was one of the most productive farm areas in the country. The goal in fine wine grape production is not necessarily the highest possible yield, however, but in balanc-ing yield with fruit quality. I doubted whether this was possible in such fertile soils.

I began working with Jan and Kim Waltz in Manheim shortly after I ar-rived. Their goal was always to grow high quality wine grapes, and eventually they built a winery. I soon learned that there are some soil series that are well-drained and of moderate fertility that

Mark L Chien,Penn State ExtensionViticulture Educator

may be ideal for wine grape production, especially if found on eroded hilltops and hillsides. The Waltz winery special-izes in drier-style, European wines like Chardonnay and Merlot.

Pennsylvania has a great diversity of wine grape varieties and wine styles. The Nissley Family has been growing wine in the county for decades, and their bread and butter wines are made in a sweet or semi-sweet style from French-American hybrid or native grape varieties. These grapes are much better suited to our warm and moist summers and occasional cold winters, which the sensitive European varieties do not tol-erate well. Their wines such as Naughty Marietta and Rhapsody in Blue are among the most popular in the state.

There are many challenges to growing consistently high quality wine grapes in Pennsylvania. Winter injury to vines caused by the occasional deep freeze or poor vine acclimation, or fungal disease induced by warm and humid summer conditions can compromise yield and quality, or even the health and sustain-ability of a vineyard. There are many insect pests, above and below ground, that affect fruit, foliage and roots of vines. It is harvest time in Lancaster County now, and growers also battle birds, deer, wasps, raccoons, squir-rels, turkeys and all manner of wildlife threats to their crops.

The Penn State Wine Grape Program offers regular workshops in pruning grapevines, integrated pest management, viticulture best practices, beginner grape growers, current viticulture and enology (the science of making wine), as well as field meetings and vineyard visits. All of these programs are open to the public and designed to help participants to im-prove the quality their grapes, the health of their vines and sustainability of their vineyard businesses.

The grape program is part of the Hor-ticulture Extension Team that provides statewide services to horticultural crop growers, and I work with Andy Muza

TENANT NEWSdbC ag ProdUCts

Joins Farm & home Center

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Usda’snatUral resoUrCes

ConservationserviCe

Cover CroPs For soil health

As I write this article we are into mid-September. Much of the corn silage crop in Lancaster is now in the silo, and I am beginning to see corn grain coming off, as well, leaving ample time to consider planting a cover crop. This year NRCS is focusing on soil health and what can be implemented on the farm to improve soil health. Lancaster County has come a long way in adopting continuous no-till, which is fine and good, but no-till is not, as some people believe, a fix all practice. With the moderately sloped ground in Lancaster and limited crop residue left on the ground following corn silage or soybean harvest, there is still a good chance of erosion, especially during major rainfall events. This is where cover crops, if managed correctly, come into the picture. A properly managed cover crop, established with ample time before first frost, goes a long way to prevent soil erosion.

Many acres of rye are planted each fall, which is good, but have you considered planting a mixed cover crop that includes legumes and/or brassicas (tillage radish, kale, collards or rape)? Added benefits from cover crop mixes include: increased soil organic matter, reduced weed pressures, scavenging of manure nutrients, addition of nitrogen from legume cover crops, increased water retention capacity that can enhance drought tolerance in the following commodity crop, food for soil microbes when a growing crop is not present, and reduced compaction from brassica crops. A good cover crop mix should include cool season grasses (oats, barley, wheat, annual rye, cereal rye triticale) and warm season grasses (sorghum-sudan, millets, corn), legumes, and brassicas. One

Mark Myers,NRCS Soil Conservationist

(Erie), Lee Stivers (SW PA), and John Esslinger (Endless Mountains), as well as faculty and extension colleagues at University Park.

You can find more information about the Penn State Wine Grape Program at the Pennsylvania Wine Grape Network web-site at http://pawinegrape.com/ , call me at 394-6851, or visit me in Room 140 of the Farm and Home Center. Our county wineries are in beautiful locations and offer tastings, so please visit them and check their websites for further details.

example would be clover, tillage radish, rye or annual ryegrass and sorghum-sudan grass. Other legume crops include peas (field or winter), hairy vetch, common vetch, sun hemp, lentils, soybeans and cow peas. The more diverse the mixture, the higher the potential for increased soil health benefits. For assistance with developing cover crop mixes suitable for your operation, I suggest you attend a cover crop field day, visit field plots, or contact NRCS.

Producers give multiple reasons why they are unable to plant cover crops, like: “It’s usually too late after corn harvest or soybean harvest to get successful establishment”. My response is: “Why not change to a shorter season variety to allow time to plant a cover crop?” There has been much advancement in varieties that allow for shorter season crops without compromising yields. Many producers realize the benefits of cover crops and have adopted shorter season crops to allow for successful cover crop establishment. Another reason is: “Why invest $30-$50 for something that I get no financial return from?” My response is: “For your soil’s health.” Consider the savings in reduced fertilizer and pesticide costs that can result from a well-managed no-till and cover crop system, as well as increased income from potential yield increases. Cover crop mixes can also provide supplemental forage for livestock and can be either grazed or green-chopped. All of these factors together should more than make up for the cost of the cover crop.NRCS has funding available under the Environmental Quality Incentives Program (EQIP) to establish cover crops for those who have not yet adopted cover crops or for those who currently plant a single species cover crop and want to implement a more diverse cover crop mix. Consider submitting an EQIP application for a cover crop following next year’s

Penn state, the lanCaster

CenterKaren Sheehe,

Interim Director of Continuing Education

aCCelerated baChelor oF sCienCe in bUsiness

degree ComPletionProgram in lanCaster

Penn State, The Lancaster Center is intro-ducing a new Bachelor of Science in Busi-ness (BSB) degree completion program to begin the spring, 2014, semester.

This new accelerated program is designed for working adults who have an associate degree or are close to completing an as-sociate degree, may have degrees in other fields and would benefit from a business degree, or want a business degree from an internationally recognized university to enhance their employment options. Courses will be offered in Lancaster utiliz-ing face-to-face instruction, online, and blended learning.

For more information, please contact Debbie Rubin at (717) 299-7667 or email Lancaster@yk.psu.edu. To learn more about Penn State programs offered in Lancaster and to check the spring, 2014, course schedule, please visit our website www.lancastercenter.psu.edu.

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lanCaster CoUnty ConservationdistriCt news

Sallie Gregory,Education Coordinator

PhiliPPe CoUsteaUdoCUmentary Comes to

lanCaster CoUntyJacques Cousteau’s grandson, Philippe Cousteau, president of the EarthEcho International Foundation, has carried the Cousteau conservation minded spirit into a new project. EarthEcho Expedi-tion Chesapeake: Into the Dead Zone highlights student service learning and actions that cause positive changes in our local watershed, eventually affecting our global watersheds.

The Lancaster County Youth Conserva-tion School, a program of the Lancaster County Conservation District partner-ing with the Federated Sportsmen of Lancaster County, was excited to be selected to be included in the web-based film project. Twenty five students, ages 14-16, participated in the Conservation School that was held July 21-27 at the Northern Lancaster Game and Fish Pro-tective Association. They were filmed while moving rocks and logs to build a log deflector in Middle Creek during a day focused on water quality.

Philippe Cousteau recently visited the stream site and farm to interview several students about the stream project. Stu-dents admitted to being a bit star-struck when they met Cousteau. He talked with the students over a picnic lunch, and they soon realized he was just a regular person. They walked into the stream and toured the project. While the cameras rolled, he interviewed the students and discussed the impact of a stream situated miles away from the Chesapeake Bay.

The cameras then turned to the farm that surrounds the stream section. The Fox Family Farm was awarded the District’s

Outstanding Cooperator Award in 2012, recognizing the conservation practices implemented on that farm. Cousteau in-terviewed Robert Fox, and Kevin Lutz, District Ag Conservation Technician, about the benefits of manure manage-ment, no-till, cover crops, and stream buffers.

On October 10, the six-part documen-tary launches at www.earthecho.org . This curriculum enhancement program will go out to an international audience, empowering youth to make a positive difference for a sustainable future.

Julie Holland, County Executive Director

Usda’sFarm serviCe agenCy

Harvest time is upon us. As you begin preparations to plant your small grains this fall, call our office for a set of crop reporting maps. You will be able to fill them out as you plant and get them back to us by the November 15th reporting deadline. Please remember that we will need the acreage, planting date, and intended use (grain, forage, cover only) for each field/strip. We have new photography that is current as of spring, 2013.

In addition to the small grains, all hay fields must also be reported by Novem-ber 15th. Last year the fees were waived for those of you who did not report by November 15th, since it was the first year for the deadline. Please note that if you participate in any program that requires a crop report, you will need to report your small grains and hay acreage by November 15th or a late filing fee will be charged for each farm. If you have not finished planting your small grains by 11/15, you must report what is completed by that date, and then you have 15 days after you plant the rest to report it without a late fee.

If you have an email address, please sign up to receive our newsletters and reminders. With tight budgets, we are not able able to mail them, and with fewer staff and more customers, we are unable to call everyone with remind-ers. Due to the expiration of the cur-rent farm bill, we expect to have new programs coming, and email is the best way to stay informed about enrollment. Please email me if you are interested at julie.holland@pa.usda.gov. We have a simple form to complete or you can enroll yourself at http://www.fsa.usda.gov/subscribe.

Please take the time to read all of your mail and email that comes from the Lancaster/Lebanon FSA office to ensure you are maximizing your benefits from

us. I hope this year’s harvest was one of your best!

harvest. Contact your local NRCS field office for further information.

John h. liChty, ea, taX aCCoUnting

serviCessUdden wealth

What if you suddenly had an extra million, 10 million or more? Whether you “won the lottery” or Aunt Sally left you her Boca Raton condo, you’ll need to evaluate your new financial position and consider how your sudden wealth will impact your financial goals.

Figure out just how wealthy you are before making any major life decisions (e.g., to retire). Even if you’re accustomed to handling your own finances, you must now carefully watch your spending habits. Sudden wealth can turn even the conserva-tive spender into an impulse buyer. You’ll want your new wealth to last, so consider your future needs, not just your current desires.

Answering the following questions may help: (1) Do you have outstanding debt? (2) Do you need more income now? (3) Do you plan to pay for your child’s educa-tion? (4) Should you bolster retirement savings? (5) Are you planning to buy a first or second home? (6) Would you like to give to loved ones or a charity? (7) Can I minimize upcoming income and estate taxes? If you don’t already have a finan-cial planner, insurance agent, accountant, or attorney, it’s a great time to find profes-sionals to guide you. Consider:

1. Do you have enough money to pay your bills and your taxes?

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eXtraordinary give retUrns november 22Last November 30, the Farm and Home Foundation participated with 180 other non-profit organizations in Lancaster County for its exciting first 24 hour on-line donation opportunity. This campaign effort coordinated by Lancaster County Commu-nity Foundation and sponsored by Rodg-ers & Associates and other businesses, will return for a second year, providing donors with $50,000 of incentives to boost their giving power through the entire day of Friday, November 22.

Seven “Golden Ticket” time slots throughout the day will award $35,000 by contributing an additional $1,000 to five randomly selected donors’ gifts during the following periods:

12AM – 3AM, during High Companies Midnight Madness

5AM – 8AM, during Lamar Advertising Rush Hour

9AM – 11AM, during Fulton Bank Coffee Break

12PM – 2PM, during Isaac’s Famous Grilled Sandwiches Lunch Hour

4PM – 6PM, during Clipper Magazine & Spencer Advertising Happy Hour

7PM – 9PM, during Benchmark Construc-tion Company Primetime Prize

10PM – 12AM, during Lancaster County Solid Waste Management Extraordinary Finale

This means that if you give a gift of $25 during Extraordinary Give on November 22, your name may be randomly selected during any of the above time slots to have your gift increased to $1,025.

For this year’s Early Bird Challenge, the first 10 organizations to obtain 50 unique contributions of $25 or more will each re-

ceive a prize of $1,000. Only one gift per donor (per organization) will be counted toward the prize.

Two Grand Prizes of $2,500 each will also be awarded to the organizations with the greatest number of unique donors through-out the Extraordinary Give Day. Only one gift of $25 or more will be counted from each donor (per organization) toward this prize, sponsored by Glenmede. One grant of $2,500 will go to the organization with an operating budget of more than $1 mil-lion having the greatest number of unique donors, and another grant of $2,500 will go to the organization with an operating budget under $1 million with the greatest number of unique donors.

Last year we had 28 participants con-tribute a total of $7,710 and received a bonus from Lancaster County Community Foundation of $1,438 in “stretch dollars” as a result of our donors’ participation. We would like to double donor participation this year to qualify for an Early Bird Chal-lenge, by being one of the first 10 non-profits to reach 50 unique contributions.

Just remember that in order for any gift to qualify for these prizes your dona-tion must be made sometime during the 24 hour period of November 22, desig-nated to be given to the Farm and Home Foundation of Lancaster County, have a value of at least $25, and be made by credit card online by the website provided: www.extragive.org. You may access the donation website by your computer, smart phone, notebook or other device. If you need further instructions or assistance making your gift, please contact our office by phone, 717 392-4911, or by email at info@farmandhomecenter.com.

We hope we can count on YOU to GIVE EXTRA, so EXTRAORDINARY THINGS HAPPEN!

2. How may investing increase or decrease your taxes?

3. If you need cash quickly, do you have assets you could easily liquidate?

4. Are your investments growing quickly enough to keep up with or beat inflation?

5. Will you have enough money to meet retirement needs and other long-term goals?

6. How diversified are your investments, and how much risk can you tolerate?

Answering these questions may help for-mulate a new investment plan, but do not rush. You can place funds in an accessible interest-bearing account, such as a sav-ings account, money market account, or short-term certificate of deposit until you evaluate your situation.

Being wealthy may make you more vulnerable to lawsuits. Although you may be able to compensate for damage (to yourself or others) that you might cause, you may want to re-evaluate your insur-ance policies and add an umbrella liability policy. If you buy expensive jewelry or artwork, you may need more property/casualty insurance in case of loss or theft. Additional life insurance may also be necessary to cover your estate tax bill so beneficiaries receive more of your estate after taxes.

Is your will current? A will determines how possessions will be distributed after your death, so you’ll want to be sure your current will accurately reflects your wish-es. If your new-found wealth is significant, meet with an attorney as soon as possible. You may want to make a new will instead of simply making changes to your old one.

Consider whether your beneficiaries are capable of managing the inheritance themselves. If you have minor children, consider setting up a trust to protect their interests and to set the age they would receive funds.

It’s also a good idea to consult a tax at-torney or financial advisor to evaluate the federal estate taxes and state death taxes your estate may owe upon your death and discuss ways to minimize them.

Continued on page 3

Farm & Home Foundation8

Farm and home Foundation of lancaster County1383 Arcadia RoadLancaster, PA 17601-3149www.farmandhomecenter.com

Nonprofit Org.U.S. Postage

PAIDLancaster, PA

#1746

ADDRESS CHANGE?If you have moved, changed your name, or prefer to be removed from our mailing list, please contact us by mail,

email (info@farmandhomecenter.com), or phone (392-4911). Thank you!

YES! I want to help Grow Our Future in 2013-14. I want to assist the Farm and Home Foundation in fulfillingits mission to make agriculture successful in Lancaster County today and into the next 50 years.

___ My annual membership dues of $2/member are included for # ____persons.

___ I/We wish to attend the 50th anniversary banquet on January 21, 2014. My payment of $50/person is enclosed.

___Enclosed is my tax-deductible gift of: ___$500 ____$100 ___$50 ___ $25 ______ Other

Please make all checks payable to the Farm and Home Foundation of Lancaster County.

Name__________________________________________ Phone ____________________Address____________________________________________________________________ _____________________________________ Email:__________________________

The official registration and financial information of the Farm and Home Foundation of Lancaster County may be obtained from the Pennsylvania Department of State by calling toll free, within Pennsylvania, 1-800-732-0999. Registration does not imply endorsement.