Farm families may fear estate tax, but income tax can bring a bigger succession...

https://www.jelly-bookmarks.win/at-farm-succession-income-tax-can-sting-more-than-estate-tax-a-paid-off

Farm families may fear estate tax, but income tax can bring a bigger succession surprise. Sell paid-off equipment, and depreciation recapture may tax old write-offs. A basis step-up can reset inherited assets’ tax value