The “One Big Beautiful Bill Act” (OBBBA) is the most sweeping legislative tax change since 2017.
This panel, featuring Lowenstein Private Client Services National Chair Beth Shapiro Kaufman, will analyze the OBBBA’s impact on income tax issues that estate planning clients face. In addition to an increase in transfer tax exemptions and various individual income tax provisions, its most significant changes relate to charitable and business planning issues. After an overview of miscellaneous issues, this webcast will dive into the impact on charitable deductions and the taxation of charitable organizations, qualified small business stock, and qualified opportunity zones.
Topics include:
This panel, featuring Lowenstein Private Client Services National Chair Beth Shapiro Kaufman, will analyze the OBBBA’s impact on income tax issues that estate planning clients face. In addition to an increase in transfer tax exemptions and various individual income tax provisions, its most significant changes relate to charitable and business planning issues. After an overview of miscellaneous issues, this webcast will dive into the impact on charitable deductions and the taxation of charitable organizations, qualified small business stock, and qualified opportunity zones.
Topics include:
- Estate and gift tax changes under the OBBBA
- A new incentive for saving and investing
- Improved deductions
- Changes in income tax charitable deduction rules
- New taxes on endowments
- Expanding the benefits of qualified small business stock and liberalizing the thresholds for qualifying
- Making permanent the availability of qualified opportunity zones
Speakers:
- Beth Shapiro Kaufman, Partner; National Chair, Private Client Services, Lowenstein Sandler LLP
- Stephanie B. Casteel, Snell & Wilmer
- Steven B. Gorin, Thompson Coburn LLP
- Kevin Matz, ArentFox Schiff LLP
- Justin Miller, Managing Director, Evercore Trust Company, N.A.
Time: 2:30-3:30 p.m. ET
