Volume 53, Number 29

twelve pages

Byrdstown, Tennessee 38549 -- Thursday, July 21, 2016

Tobacco Buyout Contract Transfers

The Overton / Pickett County Farm Service Agency (FSA) asks that family members of tobacco buyout contract holders who have died within the last year contact the office to initiate the steps involved in getting the contract transferred into the proper person’s name for the next payment cycle in January 2012.
If a contract holder dies, the contract is transferred to the surviving spouse upon presentation of the death certificate, without regard to any will or other document.
If there is no surviving spouse, the contract must be transferred to the estate by any person allowed under State law to distribute the assets of the deceased. Evidence of such authority includes a copy of a court order identifying the person to act on behalf of the estate, or a settlement from the county attorney for the county in which the deceased person resided giving the person authority to act on behalf of the estate.
Current contract holders may transfer their contract any time to a family member. A family member means a parent; grandparent or great-grandparent; child, including legally adopted children, grandchild, or great-grandchild; spouse; or sibling of the tobacco quota holder or tobacco producer.
For more information about the Tobacco Transition Payment Program (TTPP) or any FSA program, contact Debbie Ferrell or Denesa Jolley at the County FSA office at 931-823-5506, Ext. 2, or visit the FSA website at www.fsa.usda.gov.

TOP STORIES

Pickett Board of Education meeting - The Pickett County Board of Education met Monday, June 13, 2016 at 7 p.m. at the office of the direc... Keep Reading

First reading approved to establish package liquor regulations - The Town of Byrdstown Board of Mayor and Aldermen met in regular session on Monday, July 11, 2016 at... Keep Reading

Lane Webb places in National Rodeo Association - AMANDA HILL BONDPublisherAt just four years old, Lane Webb had a heart for roping and began competin... Keep Reading