Farm families often plan for estate tax and miss the income-tax bill that can follow a farm transition. Sell fully depreciated machinery, and depreciation recapture can turn years of tax deductions into taxable income
Marc and Craig Kielburger are developing Legacy+ and continuing their work on the My Legacy Podcast, which they make with Martin Luther King III and Arndrea Waters King. They are also preparing a new book, scheduled for release in November 2026
Farm families often expect estate tax to be the big succession bill, but income tax can sting more. See how depreciation recapture on paid-off equipment and resetting an inherited asset’s tax value can change the numbers.
When an Arizona owner-operator needs to cover payroll, a supplier deposit, or inventory while bank or SBA funding moves slowly, a short-term loan secured by a Rolex can help bridge the gap
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When bank or SBA funding runs late, Arizona owner-operators can use a Rolex-backed short-term loan to bridge payroll, deposits or inventory. Lenders often authenticate in under an hour, fund in about a day, and base loans on liquid wholesale value.
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Marc and Craig Kielburger are developing Legacy+, a platform focused on helping people create positive change
Farm families often worry about estate tax, but succession can bring a bigger income-tax surprise. Learn how depreciation recapture on paid-off equipment can create a tax bill, and how a basis step-up can reset the tax value for heirs.