Individuals, family partnerships and family corporations own over 98% of our nation’s more than two million farms and ranches, but how long will that last? With estate tax exemptions and eliminations reaching the ears of the United States Congress this session, that question appears to be at the forefront of the minds of federal lawmakers. Estate tax exemptions established by the passage of the federal 2017 Tax Cuts and Jobs Act, signed into existence by former President Donald Trump, are set to expire in 2025.

Local children and members of the Lampasas Fire Department push the newest fire engine into its place at the station around 10:30 a.m. Saturday morning. The ceremony drew a decent crowd of around 50 local residents, city officials and more to witness the event.