How does the One Big Beautiful Bill Act (OBBBA) impact wealth planning strategies for high-net-worth families? Learn more from our 140+ collective years of experience in the estate & wealth planning arena.
In the words of CEO and Head of Wealth Planning Rick Simonetti, the OBBBA will affect “different people differently.” Because of this, there is no “one size fits all” approach to make the most of the legislation. It is therefore crucial to analyze the specifics of your situation to understand what works and does not work for your wealth plan.
Stream now to learn what our Planning Committee is reviewing with clients, using the following timestamps to navigate to topics of interest.
Introduction - 0:37
Estate & Transfer Tax Planning: Exemptions and Exclusions
1:30 - Background
2:21 - Estate Tax Exclusion Changes and Planning Opportunities
6:00 - What Didn’t Change
9:00 - Key Takeaways
State & Local Taxes (SALT)
9:54 - Background
12:01 - What is the New Cap on the SALT Deduction?
13:54 - How to Maximize the SALT Deduction
16:14 - Who Does and Does Not Benefit
17:20 - Key Takeaways
Charitable Contributions & What Changed - 18:00
Final Thoughts
22:00 - Other Important Provisions to Consider
24:11 - What Action You Should Take
25:36 - Industries Impacted by the OBBBA
