Post by Ennis, Pellum & Associates, CPAs

𝗘𝘀𝘁𝗮𝘁𝗲 𝗣𝗹𝗮𝗻𝗻𝗶𝗻𝗴 𝗳𝗼𝗿 𝟮𝟬𝟮𝟲 𝗮𝗻𝗱 𝗕𝗲𝘆𝗼𝗻𝗱: 𝗪𝗵𝗮𝘁 𝗬𝗼𝘂 𝗡𝗲𝗲𝗱 𝘁𝗼 𝗞𝗻𝗼𝘄 𝗡𝗼𝘄 For years, uncertainty surrounded estate planning. Now there's clarity - and an opportunity worth paying attention to. The One Big Beautiful Bill Act increased the federal gift and estate tax exemption to $15 million per individual ($30 million for married couples) for 2026, with no expiration date. This provides more estate planning certainty - but not complete certainty. Lawmakers could still reduce the exemption in the future. That's why, if you have assets you want to pass on to loved ones - whether it's a business, real estate, investments, or savings - transferring them sooner rather than later can lock in tax savings should the exemption be reduced down the road. You don't have to have a $15 million estate for this to matter. You just need a plan. 👉 Read the full article to learn what's changed and what steps may make sense for your situation. https://lnkd.in/es4KAuah #YourPartnersForSuccess #EstatePlanning