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Rebecca A. Wineman (decedent) died on June 24, 1992 (the
valuation date). Petitioner’s coexecutors resided in Santa
Maria, California, at the time the petition in this case was
filed.
Ranch Operations
The Wineman family has been grazing cattle in the Nipomo,
California, area for approximately 115 years. Decedent and her
husband, Vernon Wineman (Mr. Wineman), were full-time cattle
ranchers from the 1930's until their deaths.3 Until early 1992,
decedent performed numerous activities relating to the cattle
operation. Her activities included feeding the cattle, deciding
which breed to run, helping brand cattle, cooking for the
branding crew, deciding when to buy and sell cattle and at what
prices, making decisions regarding feed purchases, negotiating
purchases of real estate and coordinating all the legal and sales
activities for the purchases, arranging for Land Bank lending,
painting and assisting in the repair and maintenance of corrals
and cattle facilities, and attending bull and cattle sales in San
Luis Obispo, Kern, and Santa Barbara Counties. Decedent also
belonged to local and national cattle organizations.
Coastal Ranches, a C corporation organized in 1979,
continues the cattle operations conducted by decedent and Mr.
3Mr. Wineman died on Jan. 22, 1962.
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