Richard Miller and Samantha Lauri Author Bloomberg Law Article on Estate Planning Under “Big Beautiful Bill”

Aug. 8, 2025 – Richard Miller, Jr. and Samantha Lauri authored an article for Bloomberg Law discussing the increased exemptions impacting estate planning under President Donald Trump’s “One Big Beautiful Bill.”

The article covers how the new tax law increases exemptions for the estate, gift and generation-skipping transfer tax. The authors also break down how advanced planning strategies, including creating irrevocable trusts, can allow individuals to remove appreciated assets from their estate strategically and transfer them to the next generation with little to no gift tax.

“The new federal tax law has many provisions that directly affect estate, gift and income tax planning, and individuals should evaluate their objectives in light of these changes,” they write. “Through proper planning, opportunities exist to preserve more wealth than ever before.”

Read the article.