Farm families often worry about estate tax, but the bigger bill at succession...

https://dibz.me/blog/gifting-the-farm-to-my-kids-now-will-they-inherit-my-low-basis-1282

Farm families often worry about estate tax, but the bigger bill at succession may come from income tax. Learn how depreciation recapture on paid-off equipment can add up, and how a basis step-up may ease the tax hit when heirs inherit land.