Anastasia Meyer - Agricultural Economist and Extension Instructor

Aerial view of farmland — Farmers and ranchers should work closely with estate planning professionals to structure their estates in a way that leverages stepped-up basis, ensuring that the transition to the next generation is as financially efficient as possible. (CAP photo)

Estate Planning: Stepped-up Tax Basis

August 23, 2024

The stepped-up basis provision is particularly advantageous in estate planning for farmers and ranchers due to the significant appreciation of agricultural assets over time. Learn more in this article from extension.