On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (OBBBA). This massive and complex new law will have a significant impact on both individuals and businesses. Join Robert S. Keebler, CPA, MST, AEP (Distinguished) for a discussion of the implications and planning opportunities stemming from this new law. The topics covered will include:  

• the permanent increase of the estate and gift tax exemption amount,
• select individual income tax provisions, including tax rates and new deductions,
• the temporary increase of the SALT cap,
• the permanent extension of important business deductions and measures designed to promote additional investments,
• the qualified small business stock exclusion,
• the qualified opportunity zones,
• the pending renaissance of nongrantor trusts for income tax and asset protection planning,
• Roth conversions for tax and estate lawyers, and
• fiduciary income tax strategies.

Bob will also discuss strategies for clients who wish to take advantage of the higher estate and gift tax exemption amount sooner rather than later, in case the new law is repealed by a future Congress.