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

https://research-wiki.win/index.php/Why_Do_Farmers_Worry_About_Estate_Tax_If_Only_0.2_Percent_Pay_It%3F

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