Farm families often expect estate tax to be the big succession cost, but income...

https://instaquoteapp.com/how-do-i-talk-to-my-parents-about-not-gifting-the-farm-too-soon/

Farm families often expect estate tax to be the big succession cost, but income tax can hit harder. Learn how depreciation recapture on equipment and the tax-value reset heirs get when they inherit assets can change the bill before the farm changes hands.