Estate Tax

Your Money
No Federal Estate Tax, but What About Your State?
By PAUL SULLIVAN
Published: March 11, 2010
Twenty states have their own versions of the old federal estate tax. The many clauses and provisions mean that, even in the absence of a federal estate tax, you might not be able to die tax-free.
To read the full article follow the below link:
http://www.nytimes.com/2010/03/13/your-money/estate-planning/13wealth.html

www.pfisterlandco.com

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Successful Ranch Management

Ranch ownership is different than ownership of most types of real estate. It requires knowledge of the current operations, an understanding of the resources available on the ranch and a grasp of the financial and budgeting processes. Successful ranch management requires a balance of wildlife and resource management with that of productive agricultural operations. Even the most seasoned ranch manager can struggle with these challenges.

Education, knowledge, and ability to change with the times are a few key factors in running a successful business. A great source for farm and ranch owners/operators is the Ranch Management Consultant's website. The philosophy of Ranch Management Consultants, according to their website, is:
The emphasis in conventional agriculture has been to increase production using fossil fuel technology. Much of the energy used, personal stress and costs in farming and ranching come from fighting nature. We have found that economic and financial stability are seldom associated with maximum production. Working with nature results in fundamental improvements to the economic and biological health of the business and can dramatically improve the lifestyle of the people on the ranch.

To find additional resources for management visit our website at
www.pfisterlandco.com or click here.

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New Listing in Natrona County, Wyoming


The Reimler Ranch is a contiguous block of Wyoming range that is well suited for yearling cattle, cow/calf pairs, or a sheep grazing operation. Currently the ranch is being leased to a large horse operation that is utilizing the ranch for winter pasture. The Reimler Ranch is located in western Natrona County near Hell's Half Acre, approximately 30 miles west of Casper on Wyoming Highway 20-26. What sets this ranch apart from many in the area is its good distribution of livestock water. There are approximately 15 reservoirs on the ranch, one solar well and a windmill providing ample water to the livestock and wildlife. In addition Powder River Draw has spring fed, open water. There is a host of wildlife occupying the Reimler Ranch, including good populations of Pronghorn Antelope, Mule Deer, Sage Grouse, Hungarian Partridge, and Chukar.
Contact Mike Fraley at 307-684-5201 or visit our website at http://www.pfisterlandco.com/ to download a complete brochure.

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Low-cost Producers Are High-return Ranchers

Low-cost producers are high-return ranches, seems like a no-brainer, but how to achieve this may go beyond just hard work. Continuing education on how and what is effective may prove to be a helpful tool for some producers.


A one-day course developed by the founders of the High Plains Ranch Practicum School will be offered at the following locations this fall:
Oct 27 - Crawford, NE
Oct 29 - Laramie, WY
Nov 12 - Wheatland, WY
Nov 16 - Powell, WY
Nov 17 - Worland, WY
Nov 18 - Crow Heart, WY
Nov 23 - Kimball, NE
For more information visit their website at
http://hpranchpracticum.com
In an article released Sept. 22, 2009 from www.extension.org they discuss information that was distilled from two years of participants in the High Plains Ranch Practicum School and from a livestock enterprise analysis from the North Dakota Farm and Ranch Business Management Education Association program based on 119 producers. They state that " Data shows low-cost producers are high-return ranchers, and the high-cost producers are low-return ranchers." To read the complete article click here.

Topics that may be covered by the one-day course from The High Plains Ranch Practicum include:
  • Ranch financials - How to determine unit cost of production and compare against regional benchmarks
  • Integrating nutrition, body condition scoring and reproductive performance
  • Grazing systems - Developing an applied grazing system and simple methods for monitoring range land systems.
  • Strategic planning - Working on the ranch business and with the people involved in it.

Ranch ownership is different than ownership of most types of real estate. It requires knowledge of the current operations, an understanding of the resources available on the ranch and a grasp of the financial and budgeting processes. Successful ranch management requires a balance of wildlife and resource management with that of productive agricultural operations. Even the most seasoned ranch manager can struggle with these challenges.


All of our agents at Pfister Land Company were raised on hardworking farms and ranches here in the west and understand the tasks at hand and the true meaning of stewardship. Our experiences and expertise have equipped us with the tools, knowledge, and relationships needed to guide you through the many aspects involved with purchasing and operating today's ranches.

Visit our website at http://www.pfisterlandco.com/ or give us a call at (307)684-5201






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Another great article from www.landthink.com How to sell country property in a crummy market The article is straight forward and here is their advice: "Sellers can help themselves by embracing three principles: full disclosure, play straight and act reasonably."

If you are thinking about selling your ranch talk to one of our brokers. Call us at 307 684-5201 or visit our website at www.pfisterlandco.com

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Interactive Map to help locate Ranches for Sale

Check out our new interactive map that will help you locate ranches for sale in Wyoming, as well as all other states we have listings in. Located on our home page, this map lays out for you a visual of all Pfister Land Company's listing.



Simply click on the state you are looking in and you will be redirected to a close up of the map so you can see where our listing are. For example, if you are looking for a Montana ranch for sale you can now see exactly where we have listing in Montana.



Visit our website at http://www.pfisterlandco.com/ to use this new interactive map, we think it will be a great tool in helping you find some of the best ranches for sale in the west.

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