Those with land, but no cash, such as farmers, face a terrible dilemma. They have little or no ability to pay taxes, and yet they will be taxed heavily at death. Transfer taxes at death, sometimes called estate taxes or death taxes, are based on the net value of all assets including land, not just cash. So a farmer living hand to mouth with no cash in the bank but with millions of dollars in real estate, may be faced with millions of dollars of taxes at death, and no way to pay. A partial solution is to look for liquidity to pay the taxes. A more complete solution will also look for ways to pr
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