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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Dec 05, 1984
Page
5
Basil Holder explains how Form 1040 and Form 706 clash in practice for farm families. He notes high estate tax rates, liquidity issues, and the need to blend annual planning with an estate plan to preserve family farms. The piece emphasizes reinvestment while managing cash flow to avoid being land poor.
Kaltenberg Seed Farm, founded in 1906 by Anton Kaltenberg, remains family managed through four generations. Though Anton, now 100, lives in a Waunakee nursing home, son Jim and four grandchildren run a growing seed business famed for quality. Jack Kaltenberg, 33, notes the emphasis on lasting gains and family reputation.
Midwest Livestock Producers bought three former American Feeder Pig Co facilities at Galesville Waupaca and Francis Creek and now runs two assembly barns by contract nine former AFPC fieldmen join Midwest operations. The firm sold in 12 divisions last year over 105 million dollars in sales and marketed 355000 feeder pigs across Wisconsin with nine states as seed and farm genetics firm Kaltenberg Seed. Jim Massey
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