Many farm families worry about estate tax, but succession can bring a bigger...

https://andersonsimpressivecolumn.urbanvellum.com/posts/what-is-a-realistic-farm-succession-plan-timeline-if-we-want-to-avoid-tax-surprises

Many farm families worry about estate tax, but succession can bring a bigger income-tax bill. See how selling equipment can trigger tax on past depreciation, and how a basis step-up can reduce tax on inherited assets.