A husband (H), who is 58, and a wife (W), who is 54, jointly hold property worth $10.2 million. H also owns a farm worth $7.3 million with an adjusted basis of $1.5 million. H bought the farm prior to marrying W. H and W have two children (one is 19 years old, and the other is 16 years old) from their marriage. H has one child (26 years old) from a previous marriage. Due to serious health issues plaguing H, he believes he has less than 3 years to live and that he will not outlive W. H wants to ensure that his wife and children are well provided for, while minimizing his estate tax liability when he passes away. Advise H as to the ways in which he can achieve his goals, including any advantages and/or disadvantages that need to be addressed related to his asset ownership, while also addressing any interests of beneficiaries.