Updated February 17, 2026, at 11:19 AM
Estate planning strategies just got a little more certain. For now.
The One Big Beautiful Bill Act (OBBBA) that passed in July 2025, cements a permanent increase in the federal estate and gift tax exemption: $15 million per person and $30 million per married couple, beginning January 1, 2026. After years of exemption levels toying with sunset dates and political uncertainty, this is a tax environment many planners have been waiting for.