With key legal and economic changes on the horizon, 2025 is the year to ensure your estate plan is up to date and ready for any developments. As outlined in Forbes’ article, “The 2025 Theme for Estate Planning: Be Prepared,” several major factors could impact estate planning strategies. Here’s what you should consider:
As of now, a court injunction has been reinstated requiring Limited Liability Companies (LLCs) and other entities to file Beneficial Ownership Information (BOI) reports. However, ongoing litigation in the Texas Top Cop Shop v. Garland case may continue to create uncertainty.
The current estate and gift tax exemptions—doubled under the 2017 Tax Cuts and Jobs Act—are set to expire on December 31, 2025, unless Congress extends them.
With a presidential election in 2024, economic uncertainty is expected. Market volatility could impact estate liquidity, tax obligations, and funding for charitable bequests.
Estate plans today must include digital assets, such as:
New platforms are emerging to centralize and manage digital assets for easier transfer to heirs.
More individuals are integrating charitable giving into estate planning for tax benefits and legacy-building.
Estate planning isn’t just about protecting assets—it’s about adapting to legal and economic changes to secure your legacy. At The Werner Law Firm, our experienced estate planning attorneys can help you navigate new tax laws, compliance requirements, and digital asset management.
If you have any questions, schedule a free appointment with us through our online appointment page.
You can also read reviews from some of the hundreds of clients we have helped over the years.
Reference: Forbes (Jan. 2, 2025) “The 2025 Theme for Estate Planning: Be Prepared”
Founded in 1975 by L. Rob Werner, The Werner Law Firm and our dedicated attorneys are available for clients, friends, and family members to receive the legal help they need and deserve. You can trust in our experience and reputation to help navigate you through your unique legal matters.
Hiring a lawyer can be a daunting task, but it doesn’t have to be. From the moment you contact our firm, through the final resolution of your matter, our goal is to make the process easy and understandable. Through our Werner Law Firm Difference, our goal is to have you feel like a burden was lifted from your shoulders, and that we made the whole process an easy one
If you’re looking into taking care of your estate planning, we urge you to schedule a free initial appointment today and join the many satisfied clients who have contacted Werner Law Firm.
