Many farm families plan for estate tax but overlook the income-tax bill at...

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

Many farm families plan for estate tax but overlook the income-tax bill at succession. This article shows how depreciation recapture can tax “paid-off” equipment and how a basis step-up may lower taxes on inherited assets.