Farm heirs may fear estate tax, but income tax can hit harder at handoff....

https://www.agdaily.com/sponsored/farm-succession-taxes-income-tax-not-estate-tax-bigger-threat/

Farm heirs may fear estate tax, but income tax can hit harder at handoff. Paid-off gear can mean depreciation recapture if sold. A basis step-up may cut heirs’ tax on a later sale