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<blockquote data-quote="marksmu" data-source="post: 617085" data-attributes="member: 9219"><p>herefordsire....When I first read your post, I wasnt 100% sure why you thought I needed to do all that...but after your last post I understand...It makes complete sense....Something I will have to discuss with him...he is always thinking of new ways to pass assets down without having them taxed...its a huge problem in our family company due to the size of it now. </p><p></p><p>At any rate, you have given me a great lunch discussion for tomorrow! I sure would love to see my name on the deed of the place - I would work at everything the same but the feeling of "ownership" is still a powerful feeling.</p><p></p><p>Also, in terms of simply pursuing my passing....my passion is duck hunting, but I love working out doors nearly as much as I do duck hunting...I have spent nearly two years cross fencing the ranch on weekends with a friend, and my wife just does not understand how that doesnt bore me to all get out. Two years of fencing nearly every weekend, and I still enjoy it 10000x more than I do sitting at my desk at work.</p><p></p><p>Also, where my ranch is, cattle and ducks go quite well together....a full field improved with millet is not only great for cattle but also for ducks. I have watched everyone around me work this process....they plant the millet which cant be hunted year 1 - and just graze it...year 2 its no longer a "baited" field and they run catle on it when they need to so they dont mow - and then pull the cattle in November from select fields, and run them back through as needed. Cattle are placed back on the millet first of march with the spring green up. The cattle help fertilize the millet for the next year, help aerate the field, and knock the seeds off which helps for the next year.</p><p></p><p>I see cattle not only as an investment, and something that I will enjoy, but also as a tool to help me maintain the fields that I will be hunting. It all seems win-win to me - but I am an incredibly optimistic person...</p></blockquote><p></p>
[QUOTE="marksmu, post: 617085, member: 9219"] herefordsire....When I first read your post, I wasnt 100% sure why you thought I needed to do all that...but after your last post I understand...It makes complete sense....Something I will have to discuss with him...he is always thinking of new ways to pass assets down without having them taxed...its a huge problem in our family company due to the size of it now. At any rate, you have given me a great lunch discussion for tomorrow! I sure would love to see my name on the deed of the place - I would work at everything the same but the feeling of "ownership" is still a powerful feeling. Also, in terms of simply pursuing my passing....my passion is duck hunting, but I love working out doors nearly as much as I do duck hunting...I have spent nearly two years cross fencing the ranch on weekends with a friend, and my wife just does not understand how that doesnt bore me to all get out. Two years of fencing nearly every weekend, and I still enjoy it 10000x more than I do sitting at my desk at work. Also, where my ranch is, cattle and ducks go quite well together....a full field improved with millet is not only great for cattle but also for ducks. I have watched everyone around me work this process....they plant the millet which cant be hunted year 1 - and just graze it...year 2 its no longer a "baited" field and they run catle on it when they need to so they dont mow - and then pull the cattle in November from select fields, and run them back through as needed. Cattle are placed back on the millet first of march with the spring green up. The cattle help fertilize the millet for the next year, help aerate the field, and knock the seeds off which helps for the next year. I see cattle not only as an investment, and something that I will enjoy, but also as a tool to help me maintain the fields that I will be hunting. It all seems win-win to me - but I am an incredibly optimistic person... [/QUOTE]
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