Farm families often fear estate tax, but income tax can bring the bigger...

https://harpersnewinsight.brightsora.com/posts/why-can-gifting-equipment-early-backfire-on-taxes

Farm families often fear estate tax, but income tax can bring the bigger succession surprise. This article explains how selling equipment can trigger depreciation recapture, and how a basis step-up may lower tax on inherited land—before the bill lands.