Definition of the Whole:
Because of our circumstances, we feel our whole must be defined at two levels.
First, since we are in our second adulthood stage of our lives (over 50 age group), we must define our whole in terms of our overall lives (in which the ranch is only a portion).
And,
Second, for that portion of our lives that is associated with the ranch.
First, Jim and Judy Holistic Goal:
Quality of Life:
- to live a life of freedom, flexibility, good health (mental, physical, and spiritual), personal growth, financial security, and the creation of opportunities for the well-being of others
- to build further on our sense of security as we age
- to develop a healthy life style with a balance of work, play, and learning
From an estate planning perspective
- we want to be remembered in a loving way, while maintaining our independence to the extent possible, with little to no burden on others as we age, and receive a pain-free, celebration type death when the time comes
- we value a well-organized, sustainable list of assets, which we feel comfortable about spending down for our own enjoyment and passing on as many assets as possible, while maintaining a plan for little to no estate taxes at passing
- we have agreed to pass on Peters family assets and heirlooms to Jimmy Gene and pass on Reed family assets and heirlooms to Traci, James, and Jimmy Gene
- we wish to pass on holistic management principals to future Reed family generations and eventually turn over the operational aspects of the ranch to others, who demonstrate the ability to retain the focus on holistic goals and holistic management principals
- as we age, we want to maintain our physical exercise and retain mobility, and increase social connections; while moving toward even more increased freedom and flexibility
Production:
Environment (Landscape):
And, Second, Reed Ranch Holistic Goal:
Quality of Life
Production:
Environment (Landscape):