The One Big Beautiful Bill (OBBB) Act, signed into law on July 4, 2025, brings sweeping changes to the U.S. tax code. While the headlines have heavily focused on tip income and overtime pay, the law has far-reaching implications in estate, tax, and business planning. Here's what you need to know: ...

Trusts are a powerful part of an estate plan, offering long-term control over assets and potential tax benefits. However, they also come with complex tax obligations that trustees must understand. Knowing when a trust is required to file a tax return—and how to minimize income taxes, especially f...

As we enter a new year, it's the perfect time to revisit your estate planning strategies to ensure they align with current laws and your long-term goals. With potential tax and legal changes on the horizon, staying informed and proactive will help you make the most of available opportunities and ...

The 2024 U.S. presidential election is poised to influence policies across a wide array of sectors, from economic regulations to international relations. Estate planning is one area where certain election outcomes might have an impact, particularly regarding tax policies and the federal estate tax exemption. However, it’s essential to remember that estate planning is much more than a response to changes in tax law. In fact, 90% of what estate planning accomplishes has little to do with taxes. This article will break down the potential effects of the 2024 election on estate planning and, more importantly, why proactive estate planning should be a priority regardless of who is in office.

The House Ways and Means Committee recently proposed a draft tax bill that, if passed, could create some serious impacts on current estate planning strategies, and much quicker than expected. Below is a summary; to read the full details, click on the link at the end of this post. The Estate and ...