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Kiplinger
Kiplinger
Business
Eric W. Bond

3 OBBBA Tax Provisions Wealthy Families Should Act on Now, From a Financial Pro

(Image credit: Getty Images)

For years, high-net-worth families and their advisers have been planning around a looming deadline: The end of 2025, when a slate of favorable tax provisions from the 2017 Tax Cuts and Jobs Act (TCJA) were set to expire.

The uncertainty drove planning decisions, accelerated gifting strategies and kept estate attorneys busy.

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