Farm families may worry about estate tax, but income tax can bring the bigger...

https://quebeck-wiki.win/index.php/How_Do_I_Explain_to_My_Siblings_Why_Step-Up_in_Basis_Matters%3F

Farm families may worry about estate tax, but income tax can bring the bigger surprise at succession. See how depreciation recapture can tax years of equipment write-offs, while a basis step-up may lower the tax bill on inherited land.