Leadership Lubbock Class

The Lubbock Chamber of Commerce announced the 2023 Leadership Lubbock class that will meet in January with a full-day orientation.

Since its inception in 1976, more than 1,900 men and women have participated in Leadership Lubbock, with the majority of those graduates currently residing in the Lubbock area.

The program provides learning opportunities in an atmosphere that stimulates participants to work together, utilizing both innovative and proven tools to meet challenges.

Leadership Lubbock Class of 2023:

Chad Alexander - FirstBank & Trust Bruce Boyd - Fibertex, LLC Kenneth Casarez - Lubbock

ISD Administrative Offi ces Jennifer Colley - Local Legends Print Factory Matt Duenes - Voice of Hope - Rape Crisis Center Edward Espinoza - Atmos

Energy Charles Farina - City of Lubbock Paige Fletcher - City of Lubbock Lynsey Flores - American

State Bank Hailey Gilbreath - National

Sorghum Producers Amanda Graham - TTUHSC Bryan Greer - McWhorter

Cobb and Johnson, LLP Mindy Guzman - CPCS Personal Care Services Whitney Haugland - UMC

Health System Stacey Hemby - UMC

Health System Melissa Hernandez - Cavender West Texas Kelsey Hilton - CoNetrix Erin Hornaday - TTU System Ashlee Horsley - Parkhill Dr. Judy Jarratt - Wayland Baptist University-Lubbock Campus Daniel Johnson - TTU - Tex- #LetsDoLunchas Tech University System Casey Keene - Whataburger Once a week, or once a month, use your 4th & W. Loop - #915 Dustin Kloiber - Flint Av- lunch hour to deliver a hot, nutritious enue Marketing meal to someone who is homebound. Tara Lashford - McDougal Companies You will make their day, Marti Makuta - LISD Ad- and they will make yours. ministrative Offi ces Macy Maloney - Easy Back- Call yard Storage 806-792-7971 Kendra Martin - Lyons Re- for more info. alty Bret Moody - Happy State Lubbock Meals on Wheels

Bank www.LubbockMealsOnWheels.org Jordyn Moore - New Legacy Home for Women Jennifer Nesbitt - StarCare Lubbock Animal Services Specialty Health System Taylor Newton - Centerline Engineering & Consulting & Adoption Center Lisa Pederson - City of Lub- 3323 SE Loop 289, Lubbock 79404 bock 806-775-2057 or 806-775-2058 Michelle Pieniazek - LISD mylubbock.us/animalservices

Administrative Offi ces Brooks Pitaniello - PFG

Advisors Myrisa Rutter - Texas Tech

Club Searching for the perfect addition to your family?Heath Simpson - Frenship Independent School District Volunteers always welcome.Open M-F - 8 a.m. to 6 p.m. & Saturdays - noon to 4 p.m. Dogs and cats (and sometimes other furry, scaly, or feathered species, too) of all ages and sizes just waiting for the right home.

Ginny Simpson - Lubbock

County Rachel Slade - Covenant

Health Amy Slaughter - Code Ninjas Lubbock Jerry Smith - Casey Carpet

One Chris Speck - Lubbock National Bank - 50th Street

Branch Christy Steen - KCBD TV-

NewsChannel 11 Jeff Sweat - West Texas Land

Guys Jaclyn Teinert - United Supermarkets, LLC Sydney Tipton - Lubbock

Chamber of Commerce Frank Van Loon - Pepsi Beverages Company Robert Wallace - City of

Lubbock Wes Wells - Covenant Health Kenna West - Communities

In Schools of the South

Plains, Inc. Lauren Westerberg - CASA of the South Plains

2023 Leadership Lubbock Class announced Memories of your experiences are like

Grant Wood - Madera Resi- growth rings in a tree, a record of what you’ve been dential through in the seasons of Sam Wyatt - Parkhill your life. You can no more The program receives change your past than a numerous applications each tree can change the history year, and the applicants are recorded within its trunk. selected through an anony- Learn from your history, mous application process. but do not live there.

– JOHN MARK GREEN

Page 20 • December 2022 • Golden Gazette Charitable Giving - you can do well by doing good

When developing your estate plan, you can do well by doing good. Leaving money to charity rewards you in many ways. It gives you a sense of personal satisfaction, and it can save you money in estate taxes.

Words about transfer taxes

The federal government taxes transfers of wealth you make to others, both during your life and at your death. In 2022, generally, the federal gift and estate tax is imposed on transfers in excess of $12,060,000 ($11,700,000 in 2021) and at a top rate of 40 percent. There is also a separate generation-skipping transfer (GST) tax that is imposed on transfers made to grandchildren and lower generations.

For 2022, there is a $12,060,000 ($11,700,000 in 2021) exemption and the top rate is 40 percent.

Note: The Tax Cuts and Jobs Act, signed into law in December 2017, doubled the gift and estate tax basic exclusion amount and the GST tax exemption to $11,180,000 in 2018. After 2025, they are scheduled to revert to their pre-2018 levels and cut by about one-half.

You may also be subject to state transfer taxes.

Careful planning is needed to minimize transfer taxes, and charitable giving can play an important role in your estate plan. By leaving money to charity, the full amount of your charitable gift may be deducted from the value of your gift or taxable estate.

Make an outright bequest in your will

The easiest and most direct way to make a charitable gift is by an outright bequest of cash in your will. Making an outright bequest requires only a short paragraph in your will that names the charitable beneficiary and states the amount of your gift. The outright bequest is especially appropriate when the amount of your gift is relatively small, or when you want the funds to go to the charity without strings attached.

Make a charity the beneficiary of an IRA or retirement plan

If you have funds in an IRA or employer-sponsored retirement plan, you can name your favorite charity as a beneficiary. Naming a charity as beneficiary can provide double tax savings. First, the charitable gift will be deductible for estate tax purposes. Second, the charity will not have to pay any income tax on the funds it receives. This double benefit can save combined taxes that otherwise could eat up a substantial portion of your retirement account.

Use a charitable trust

Another way for you to make charitable gifts is to create a charitable trust. There are many types of charitable trusts, the most common of which include the charitable lead trust and the charitable remainder trust. A charitable lead trust pays income to your chosen charity for a certain period of years after your death. Once that period is up, the trust principal passes to your family members or other heirs.

The trust is known as a charitable lead trust because the charity gets the first, or lead, interest.

A charitable remainder trust is the mirror image of the charitable lead trust. Trust income is payable to your family members or other heirs for a period of years after your death or for the lifetime of one or more beneficiaries. Then, the principal goes to your favorite charity. The trust is known as a charitable remainder trust because the charity gets the remainder interest. Depending on which type of trust you use, the dollar value of the lead (income) interest or the remainder interest produces the estate tax charitable deduction.

Note: There are costs and expenses associated with the creation of these legal instruments.

Why use charitable lead trust?

The charitable lead trust is an excellent estate planning vehicle if you are optimistic about the future performance of the investments in the trust. If created properly, a charitable lead trust allows you to keep an asset in the family while being an effective tax-minimization device. For example, you create a $1 million charitable lead trust. The trust provides for

Fall back, for the last time?

(Continued from Page 12) time or daylight saving time tion, the legislation has never would be the best to follow. passed because of differing During the regular session opinions on whether standard and three special sessions of the Texas Legislature in WANT ADS in the 2021, at least 13 bills were introduced relating to daylight saving time. None received a committee hearing. Similar legislation was in$10 for up to 30 words troduced in 2019, with more success. HJR 117 proposed 10¢ per word above 30 a constitutional amendment

Ads must be received & paid for by the 20th of the month authorizing a statewide referendum allowing voters for the next month’s issue. to indicate a preference for

Email: maedwards@wordpub.com exempting the state from daylight saving time or observing daylight saving time

Mail to: year-round.

Word Publications 2022 82nd St. #101 Lubbock, Texas 79423 The bill passed the House (with a vote of 133 yeas, 9 nays) but died in the Senate

FREE ADS and never put to the voters. Local Personal ad Will 2023 be the year that

Maximum of 15 words, Texas finally does away with merchandise priced it? $100 or less, will be run https://cobbxcounsel.com/2022/11/

FREE OF CHARGE. fall-back-for-the-last-time-the-endof-daylight-saving-time-in-texas/

Golden Gazette • December 2022 • Page 21

• Want Ads • Want Ads •

Looking for voLunteers

University Medical Center is looking for volunteers to work as messengers, pop popcorn, and work at the information desk. If you would like to meet new people, socialize, be appreciated, and have all the free popcorn you can eat, call, 806775-8760. 6/17

eyegLAss repAir & repLAcement

Frame repairs, new lenses, new frames and/or adjustments. Serving West Texas since 1977! midwest optical, 253334th, 806-797-5534 1/22

Back in Business!!

Professional ironing at reasonable rates.

$150 per item usually. Larger items rate will vary. Call 806-831-5393 leave a message (I will be ironing)

voLunteering?

Covenant Health and Covenant Children’s are in need of volunteers. Donate a morning or afternoon each week to help serve patients and families! If interested, call Lauren Orta, 806-725-3309, or email ortalh1@covhs.org 3/19

Send a gift subscription to someone special - someone you know would enjoy the Golden Gazette each month. Sent near the 1st of each month for only $30 for the year or $60 for 2 years. Complete the form below and mail to the Golden Gazette, or call 806-744-2220.

Subscribe to the Subscription Form

News and features mailed to you at the first of each month. Subscribe to Lubbock’s Senior Newspaper. Clip and mail the attached form along with your subscription check.

Mail to: Golden Gazette

2022 82nd St. #101 Lubbock, TX 79423

Please enter my subscription to the Gazette:

 One Year Subscription for $30  Two Year Subscription for $60

Mail my copy of the Golden Gazette to:

Name ___________________________________

Address _________________________________

City _____________________________________ State ____________________________________

Zip______________________________________

Page 22 • December 2022 • Golden Gazette No More Mister Nice Guy:

Charitable Giving

In the early days of television, talk-show hosts were always seen as being really, really nice folks.

In a 2000 video, Regis Philbin said, “When you get right down to it, the personality of the person who is conducting that show is the chief selling factor in making it a success.”

But what if he or she is not so pleasant? In fact, just the opposite?

Case in point: Joseph Edward Pyne. He was born in 1924 in Chester, Pennsylvania, the son of a bricklayer and a homemaker.

As a child, he stuttered and was often mocked by his classmates. He finished high school in 1942 and immediately escaped Chester by enlisting in the Marine Corps.

After the service, Pyne enrolled in a drama school and successfully overcame his handicap.

He found work in radio, drifting through a series of announcing jobs. By 1949, he was in Kenosha, Wisconsin, taking song requests from people who called in.

Back then, listeners could hear only the announcer’s part of a conversation.

One night, Joe held his phone receiver up to his microphone – and two-way, call-in radio was born.

As a strongly opinionated loose cannon, the chain-smoking Pyne grew increasingly conservative and outspoken over the years.

He began arguing with—and eventually insulting—callers who disagreed with him, sometimes ending a debate with, “Go gargle with razor blades!”

As his ratings soared, Joe moved inexorably from smaller radio markets to larger ones.

When his show became syndicated, he was eventually heard on 254 stations around the country.

In time, Pyne landed a bigger venue—television. He was lured to Los Angeles to independent station KTLA, who offered him $1,000 a week – more than the Yankees paid Mickey Mantle.

The Joe Pyne Show then went into syndication, and he became a household name in 240 national markets.

The eternally skeptical Pyne invited guests from society’s fringe—astrologers, psychics,

The Original Angry Talker - thanks or blame? fixed annual payments of $80,000 (or 8 percent (Continued from Page 20) of the initial $1 million value of the trust) to faith- healers, UFO witnesses, ABC Charity for 25 years. At the end of the hippies, “pinkos,” women’s- 25-year period, the entire trust principal goes libbers, Manson followers, KKK outright to your beneficiaries. members and American Nazis, To figure the amount of the charitable desparring with them all through a duction, you have to value the 25-year income fog of cigarette smoke as he sat interest going to ABC Charity. To do this, you at his desk. use IRS tables. Based on these tables, the value “The subject must be viscer- of the income interest can be high — for exal,” Joe said. “We want emotion, ample, $900,000. This means that your estate not mental involvement.” gets a $900,000 charitable deduction when you Media historian Donna Halpin die, and only $100,000 of the $1 million gift is enthused, “Pyne was subject to estate tax. one of broadcasting’s Why use a charitable remainder trust? truly unique figures – A charitable remainder trust takes advantage the original angry talker. of the fact that lifetime charitable giving generHe rose from the low- ally results in tax savings when compared to est ranks of radio and testamentary charitable giving. A donation to a founded the modern TV charitable remainder trust has the same estate shoutfest.” tax effect as a bequest because, at your death, The money flowed in like a the donated asset has been removed from your tsunami. In 1965, the 40-year- estate. Be aware, however, that a portion of old celebrity married a 21-year- the donation is brought back into your estate old Norwegian model. Together through the charitable income tax deduction. they shared a Hollywood Hills Also, a charitable remainder trust can be benmansion complete with a swim- eficial because it provides your family members ming pool and high-end foreign with a stream of current income — a desirable cars in the driveway. feature if your family members won’t have But the good times weren’t to last. In the late 1960s, Pyne was diagnosed with lung cancer, and he died at age 45 in 1970. enough income from other sources. For example, you create a $1 million charitable remainder trust. The trust provides that a fixed annual payment be paid to your beneficiaries for a period not to exceed 20 years. At the He quickly disappeared from end of that period, the entire trust principal goes the public consciousness. (Later outright to ABC Charity. To figure the amount TV producers often recorded of the charitable deduction, you have to value over his videotapes.) the remainder interest going to ABC Charity, However, Joe’s spirit lives on using IRS tables. This is a complicated numbers through such abrasive would-be game. Trial computations are needed to see what Pynes as Howard Stern, Bill Ma- combination of the annual payment amount and her, and Bill O’Reilly. the duration of annual payments will produce Moms are better than any CSI. They know you did it, how you did it, whom you did it with, and they can hear you trying to hide the evidence. Does he deserve our thanks or blame him for what he has brought to our TV screens today? the desired charitable deduction and income stream to the family. Zach Holtzman Financial Advisor

Dear Folks,

I found this recipe decades ago in an issue of Ladies’ Home Journal. (Which has not been in print for many years.) I’ve since made many copies and given away this recipe to grandkids, other family members, and friends. Now it’s time to share this with all of you. Enjoy!

Oatmeal Nut Crust

1 cup quick uncooked rolled oats 3 T. brown sugar 2/3 cup minced walnuts or pecans 1/3 cup butter

Preheat oven to 350F. Spread oats in large, shallow pan; bake 10 minutes to toast. Toss with sugar, nuts, and melted butter. Press evenly on bottom and side of 9-inch pie plate. Refrigerate Oatmeal-Nut Crust while preparing Pumpkin Pie fi lling.

Pumpkin Chiffon Pie Filling

2 envelopes of unfl avored gelatin 1/3 cup light-brown sugar, fi rmly packed ½ tsp. salt 3 tsp. pumpkin-pie spice 1-1/2 T. dark molasses 3 egg yolks, slightly beaten 1/2 cup milk 1 can (1 lb.) pumpkin 3 egg whites 1/2 cup sugar 1 cup heavy cream, whipped

Directions

1. Make Oatmeal-Nut Crust. 2. Make Pumpkin Filling: In a medium sauce pan, combine gelatin, brown sugar, salt, and spice; mix well. Add molasses, egg yolks, milk, and pumpkin, stirring until well combined. 3. Bring to boil, stirring. Remove from heat, turn into large bowl.

Refrigerate, covered until fi rm – 1-1/2 to 2 hours. 4. In large bowl of an electric mixer beat egg whites at high speed until foamy. Add sugar, 2 T. at a time, beating well after each addition. Continue to beat until stiff peaks form when beater is slowly raised. 5. Then, with the same beaters, beat pumpkin mixture until smooth. 6. With wire whisk or rubber spatula, gently fold egg-white mixture and whipped cream into pumpkin just until combined. 7. Put into pie shell, mounding high in center. (If fi lling seems too soft to mound in a pie shell, refrigerate for 10 minutes, then put into pie shell.) 8. Refrigerate until fi rm – at least 2 hours. 9. To serve: Garnish with whipped cream, then top with walnut or pecan halves.

Merry Christmas to all, Cathy.

Golden Gazette • December 2022 • Page 23 Roundtable set for Dec. 3; scholarship presentation

Roundtable will meet from 11 a.m. to 1 p.m. Dec 3 at the Carillon Senior Living Community in the Pointe Plaza building in the Cimarron Room next to the dining room.

Dr. Jill Hernandez, the new dean of the Honor’s College, will be the speaker. She will be bringing two students with her who have received scholarships. One of them is a music major and will be playing the piano in the lounge area after the meeting.

A check will be presented from the Roundtable to the Dudley E.

New Neighbors Club of Lubbock will hold its monthly meeting / luncheon at 10:30 a.m. Dec. 9 at the Lubbock Women’s Club, 2020 Broadway. The program will be the “Caldwell Kids.”

Lunch will be served after the presentation, and the cost is $20. Reservations are required at least 3 days before the event.

Members, watch your email and spam email for the Evite. There you can RSVP or contact Roni Allen (text) 281-507-4083 or okieroni1@gmail.com. If you are not a member and want to attend, contact Roni Allen.

If unable to attend, please cancel your reservation no later than Tuesday before the meeting. The club has to pay for reservations not paid for. New policy is that you will be billed for not keeping your reservation.

Games afterwards are optional, contact your game leaders if interested.

Faver-Adolph R. Hansik Scholarship Fund which Roundtable set up many years ago. If you would like to give a larger donation to the scholarship fund that day, you can make it out to the Texas Tech Foundation. Luncheon checks should be made out to Roundtable for $15. The next meetings will be Jan. 7 and Feb. 4 at Carillon. RSVP to Marie Evans, MEvans1398@aol.com or 806-281-3181 cell phone.

Caldwell Kids to entertain at New Neighbors, Dec. 9

Map folds out to 34.5” x 22.5” to 34.5” x 22.5”

WWW.LUBBOCKMAP.COM

* Street Map * Scenic Locator * Downtown * Texas Tech University * County * Buffalo Springs Lake * Lake Ransom Canyon mail a check for $3 to:

Word Publications 2022 82nd St. #101 Lubbock, TX 79423

Be sure to include a complete address to mail the map to.

44th annual Candlelight at the Ranch

Experience and celebrate a frontier Christmas on Dec. 9 and 10 from 6:30 to 9 p.m. when the National Ranching Heritage Center (NRHC) celebrates its 44th Annual Candlelight at the Ranch.

The event is free with a suggested donation of $5.

Holiday scenes will be recreated in 15 historic structures such as the 1838 El Capote Log Cabin, 1886 XIT Ranch headquarters, 1888 Matador Half-Dugout, and 1909 Queen-Anne style Barton House.

Visitors will have maps pointing the way to each structure.

Volunteers bring the ranch to life in each structure, play live music, sell hot cocoa, make kettle corn, help Santa with his visitors, serve meals to the volunteers, keep pathways safe, sing Christmas carols, oversee the parking lot, and more.

The lighted pathways are wheelchair and stroller accessible as visitors pass cowboys camped out near their horses and brewing coffee over a campfire. Visitors can purchase refreshments in the decorated 6666 Barn and on the Campbell patio while they listen to Christmas music with a Texas swing. Cow Trail Christmas at the NRHC J.J. Gibson Park will be held every evening Dec. 1 through Jan. 3. Both the entrance park and the entry gate will be decorated and lit with holiday lights.