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

https://wiki-site.win/index.php/What_Is_the_Simplest_Way_to_Explain_Basis_to_a_Non-Accountant_Farm_Family%3F

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