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

https://ace-wiki.win/index.php/Do_Improvements_on_the_Farm_Create_Taxes_Later_When_Sold%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