Many farm families spend years worrying about estate tax, then face a bigger...

https://jaredsmasterinsights.nexorafield.com/posts/can-an-irrevocable-trust-make-me-lose-the-step-up-in-basis

Many farm families spend years worrying about estate tax, then face a bigger income-tax bill when the operation changes hands. Selling fully paid-off equipment can trigger depreciation recapture and add tax