Farm heirs may fear estate tax, but income tax can hit harder at handoff....

https://messiahdzve704.fotosdefrases.com/what-is-the-real-takeaway-from-the-usda-ers-farm-estate-tax-forecast

Farm heirs may fear estate tax, but income tax can hit harder at handoff. Paid-off gear can mean depreciation recapture if sold. A basis step-up may cut heirs’ tax on a later sale