Farm families often worry about estate tax, then get blindsided by income tax...

https://collinnfmn145.theburnward.com/what-is-the-biggest-tax-mistake-families-make-when-handing-the-farm-to-the-kids-early

Farm families often worry about estate tax, then get blindsided by income tax when the next generation takes over. Paid-off equipment can still trigger depreciation recapture: the IRS may tax some of the write-offs claimed over the years