Estate tax may not be the biggest tax shock when a farm changes hands. Learn...

https://holdenssmartblogs.hexaforgey.com/posts/can-an-irrevocable-trust-make-me-lose-the-step-up-in-basis

Estate tax may not be the biggest tax shock when a farm changes hands. Learn how depreciation recapture on paid-off equipment can raise heirs’ income taxes, and how a basis step-up may lower the tax on inherited assets.