You’ve probably heard a lot of buzz on the internet about President Donald Trump’s “One Big Beautiful Bill Act” (OBBBA). The bill officially takes effect this month, and it will impact more Americans than many realize. Some of the key provisions will have a direct effect on how much you can gift or leave to loved ones tax-free. You might think you have a sound estate plan in place, but the latest changes with the OBBBA could affect your strategy. Here’s a snapshot of the changes that may impact your estate planning and what you can do to better protect your assets (and avoid any surprises).
