Farm succession can bring a bigger income-tax surprise than an estate-tax bill....

https://www.lima-bookmarkings.win/a-farm-may-owe-little-estate-tax-and-still-leave-heirs-with-a-painful

Farm succession can bring a bigger income-tax surprise than an estate-tax bill. Learn how depreciation recapture can trigger tax on equipment gains, while a basis step-up may reset inherited asset values—and what families should review before the handoff.