On July 4, 2025, President Trump signed the “One Big Beautiful Bill” into law (2025 Act), which made permanent a number of important tax provisions that were set to expire on January 1, 2026.
From an estate planning...more
7/15/2025
/ Beneficiaries ,
Estate Planning ,
Estate Tax ,
Gift Tax ,
New Legislation ,
One Big Beautiful Bill Act ,
Tax Cuts and Jobs Act ,
Tax Exemptions ,
Tax Planning ,
Trump Administration ,
Wills
One of the biggest concerns that parents have when leaving substantial assets to the next generation is that if a child knows or expects that they will receive those assets in the future, it may stifle the child’s ambition to...more