NASHVILLE, Tenn. (RFD-TV) — One of the biggest threats to farm succession is the federal estate, or “death,” tax. Without recent changes, many family operations — like renowned California rancher Kevin Kester’s Bear Valley Ranch — would have faced significant tax burdens when passing land and equipment to the next generation.
The “One Big Beautiful Bill” Act, which passed in July, permanently increased the unified credit to $15 million per individual beginning in 2026, indexed to inflation. That compares with approximately $7 million under the prior law, a level that could have compelled many farm families to sell assets to pay their tax bills.
National Agricultural Law Center senior staff attorney Rusty Rumley says the higher credit and portability provisions for married couples mean most farms will avoid immediate estate tax exposure. Still, he warns that succession planning remains a larger concern. Sudden illness or death of a farm operator can leave successors unprepared, and a lack of planning can fracture families or force financial hardship.
Tony’s Farm-Level Takeaway: Estate tax relief reduces pressure, but succession planning remains the critical challenge for farm families.
Here is a regional snapshot of harvest pace, crop conditions, logistics, and livestock economics across U.S. agriculture for the week of Monday, Nov. 10, 2025.
November 10, 2025 10:48 AM
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Mike Newland with the Propane Education & Research Council shares how producers can prepare for winter weather and the benefits of propane.
November 07, 2025 12:03 PM
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Verified U.S. data show real leather’s carbon footprint is lower than advertised — an edge for the American cattle industry in both marketing and byproduct value.
November 07, 2025 11:32 AM
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Distillers dried grains (DDG) values follow corn and soybean meal trends, with ethanol grind and feed demand shaping costs into early 2026.
November 07, 2025 10:45 AM
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Recognizing phosphorus and potash as critical minerals underscores their importance in crop production and food security, providing producers with an added layer of risk protection.
November 06, 2025 03:40 PM
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For tight margins, contract grazing leverages existing acres into new income streams and spreads risk. Here are some tips for row crop farmers looking to diversify.
November 06, 2025 02:45 PM
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Farm CPA Paul Neiffer shares insight into what these new accounts, established in provisions of the Big, Beautiful Bill, could mean for the farm families.
November 06, 2025 02:34 PM
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RFD-TV expert Roger McEowen explains why a “skinny” Farm Bill is likely in the future, but its scope may change due to provisions contained in the Big, Beautiful Bill.
November 05, 2025 03:19 PM
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David Klein with the American Society of Farm Managers and Rural Appraisers (ASFMRA) shares an end-of-harvest update and a peek at the farmland market in Central Illinois.
November 05, 2025 12:58 PM
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