[AT] Tractors and family

[charlie hill]

Tax code Joe,  Everything we do these days is driven by the unfair
US tax code.

Cha

-----Original Message----- 
From: Joe Hazewinkel
Sent: Sunday, October 12, 2014 9:52 AM
To: Antique tractor email discussion group
Subject: [AT] Tractors and family

I went to an auction yesterday with quite a collection of tractor, old 
engines etc.  Before I get to my question, I thought it was neat that the 
first tractor they sold was an Aultman Taylor 30-60 in mint original 
condition.  He was the second owner, and the buyer was the grandson of the 
first owner (paid $130,000).

Anyway, it was apparent that several of the tractors were bought by the 
sellers grand children.  They ended up paying a pretty high price for most 
of them.  Here's my question, if your grandkids (or kids) were that 
interested in your tractors, why wouldn't you just give them to them instead 
of making them pay for them after your gone?

It can't be just about the money, from the appearance of the place, they had 
enough, and made $250,000 from the sale of just the first five tractors.

Enjoy, Joe

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