Big Changes to the Estate Tax: What the One Big Beautiful Bill Means for Your Estate Plan
The estate tax has long been a central topic in U.S. tax law, facing many changes under various acts and bills, including the Tax Cuts and Jobs Act (TCJA), and, most recently, the One Big Beautiful Bill Act (OBBBA), which was signed into law on July 4, 2025. For high-net-worth individuals and families, the latest changes bring not just welcomed news, but also important shifts that could impact how you protect and transfer your wealth.