President Donald Trump signed the One Big Beautiful Bill Act (OBBBA) into law on July 4, 2025. The OBBBA represents a significant overhaul of the U.S. tax system, making permanent many provisions of the 2017 Tax Cuts and Jobs...more
7/16/2025
/ Estate Planning ,
Estate Tax ,
Generation-Skipping Transfer ,
Gift Tax ,
High Net-Worth ,
Internal Revenue Code (IRC) ,
New Legislation ,
One Big Beautiful Bill Act ,
Tax Benefits ,
Tax Deductions ,
Tax Exemptions ,
Tax Planning ,
Trump Administration ,
Trusts
The Tax Cuts and Jobs Act of 2017 provided major changes to the Internal Revenue Code, specifically doubling the federal estate, gift, and generation-skipping transfer (GST) tax exemption (collectively, the exemption) from...more
6/13/2024
/ Dynasty Trust ,
Estate Planning ,
Estate Tax ,
Estate-Tax Exemption ,
Generation-Skipping Transfer ,
Gift Tax ,
Gift-Tax Exemption ,
Grantor Trusts ,
High Net-Worth ,
Internal Revenue Code (IRC) ,
Irrevocable Life Insurance Trusts ,
IRS ,
Spousal Lifetime Access Trust (SLAT) ,
Tax Cuts and Jobs Act ,
Trusts