The Estate Tax Exception amount is set to roll back from 13 million per person to 7 million at the end of 2024 and attorney Dal Houston returns as a guest to explain the details.  We’ll discuss options that can be looked at should your estate be bumping into the potential for those Death Taxes… which will lead us into a great discussion on the uses and differences of a Revocable Trust versus an Irrevocable Trust. Plus, his thoughts on whether to leave your estate to that next generation “Outright” or in a “Trust”.
#workingranchmagazine #workingranchnation #justinmills.wyocowboy #ranchlife #ranching #dayweather #weather #agweather #beef #cows #livestock #cattle #Gelbvieh #DiamondV #estatetax #estateplanning #deathtax #taxexcemption

Ep 157: Estate Tax Exception Roll Back & Revocable vs. Irrevocable Trust

Providing thought provoking information for Ranchers that have a desire to be Sustainable and Profitable.  From cows, to land, to people, and technology... issues every ranch deals with.  Hosted by Justin Mills, a 4th generation Wyoming Rancher.  
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The cost of not getting the second calf from a heifer you either bought our developed is a big hit.  Karla Wilke, (University of Nebraska) joins us today as we go through several discuss points regarding getting that "elusive" second calf. While some would say “don’t baby the girl”, there could be some flaws in that theory.  And what about the genetics we are breeding into our herd and how it should relate to our physical environment. It's a balance between too much and not enough in managing the first calf heifers after calving, because too far in either direction is a loss in profitability.
Plus a bonus topic today as we discuss GPS dog collars and the use to manage our Livestock Guardian Dogs with Spot On Fence.  Use custom discount code LGD125 at spotonfence.com for $125 off!
#workingranchmagazine #ranchlife #ranching #dayweather #weather #agweather #beef #cows #livestock #cattle #InheriteSelect #K-line #cowpunchercoffee #gelbvieh #rebreed #secondcalf #environment #genetics #gps #dogcollars #gpsfence #spotonfence #guardiandogs

Ep 170: Chasing That "Elusive" Second Calf

"Everything that happens out here creates compounding cascading effects, and those effects are never neutral. They're either positive or negative"... a quote from our guest Allen William (Understanding Ag and Soil Health Academy).  On this show he explains Adaptive Grazing and how it can generate positive effects on your ranch. Allen will explain what it IS, what it is NOT, and the 3 rules adaptive grazing.  The best part about it is... it's simple and practical.  At the end of the day, it’s about creating a healthier soil that can generate more net production, more profit, and be more resilient in drought.  Here’s another angle... Land is not getting any cheaper and rather than buy more land maybe your greatest return on investment is right under your feet.
Plus a bonus interview on K-Line Irrigation!
#workingranchmagazine #ranchlife #ranching #dayweather #weather #agweather #beef #cows #livestock #cattle #InheriteSelect #K-line #cowpunchercoffee #understandingag #SoilHelathAcademy #StockingRate #StockingDensity #carboncowboys #irrigation #grass

Ep 169: Adaptive Grazing w Allen Williams… Cheaper Than Buying More Land

The gloves are off, which is usually what happens between siblings after Mom & Dad are gone if a good estate plan is not in place.  Today we’re gonna take the gloves off and get gritty in a discussion with Attorney Rick Durfee (Durfee Law Group) about estate planning and the family dynamics that can often create conflict. Plus, the danger of relying on a Will as an estate management tool, some of the tools that can be used in good proactive Estate Management, and the dangers of kicking this can down the road. This is not a warm fuzzy show, but if you value the legacy you would like to leave behind… listen in.
#workingranchmagazine #ranchlife #ranching #dayweather #weather #agweather #beef #cows #livestock #cattle #InheriteSelect #Kline #estateplanning #family #conflict #dynasticplanning #multigenerational

Ep 168: Procrastination is Your Enemy

Meteorologist Don Day joins us for the full program as we look at our extended weather forecast for the summer and fall across North America.  He’ll discuss what lies ahead as a La Nina weather pattern begins to take shape. But first a discussion on modern weather forecasting and what it’ll take to have even more accurate forecasts.  And, are you an Antidotal Climatologist?  Find out what that means. All of us are affected by the weather and today’s show will provide your insight to assist in your management decisions for the next six months.
Plus, a "Bonus" segment with Ted Perry of Purina on leveraging our management in marketing our calves and in our replacements.
#workingranchmagazine #ranchlife #ranching #dayweather #weather #agweather #beef #cows #livestock #cattle #InheriteSelect #Kline #BeefMonth #PurinaCattle #Marketing #nutrition #mineral #AgWeather #LaNina #forecast #meteorology

Ep 167: Weather Outlook: Summer & Fall… Brrr?

It's more about the "unknown" than the "known" when it comes to Avian Influenza (Bird Flu). Dr. Fred Gingrich, American Association of Bovine Practitioners, is my guest today as we discussed the Influenza Type A H5N1 outbreak now being confirmed in Dairy Cattle.  As a beef cattle rancher I have A LOT of questions like... Are beef cows susceptible? What are the symptoms? How is it transferred? Is it fatal?  Then, what it will do to consumer confidence in any products that come from cows... oh and then what about traceability? And then… what IF it shows up in a Beef Cow?  Dr. Gingrich rates this issue at a level 8.5 to 9 on a scale of 10. For the sake of your ranch and for our cattle industry, tune in for today’s show.
#workingranchmagazine #ranchlife #ranching #dayweather #weather #agweather #beef #cows #livestock #cattle #InheriteSelect #Kline #BirdFlu #H5N1 #Traceability #purina #equine #horsenutrition

Ep 157: Estate Tax Exception Roll Back & Revocable vs. Irrevocable Trust

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