Farm families may owe little estate tax but still face a painful income-tax...

https://www.tool-bookmarks.win/estate-tax-may-not-be-the-biggest-tax-shock-when-a-farm-changes-hands-learn

Farm families may owe little estate tax but still face a painful income-tax bill at succession. Learn how depreciation recapture can tax equipment gains, while a basis step-up may lower taxes on inherited land.