Many farm families plan for estate tax, then face a bigger income-tax bill when...

https://mylesssmartop-eds.cloudhinter.com/posts/what-paperwork-should-heirs-keep-to-support-step-up-in-basis-later

Many farm families plan for estate tax, then face a bigger income-tax bill when the next generation takes over. A paid-off tractor can still trigger depreciation recapture: tax on deductions the farm took in earlier years