Tannenbaum Helpern's Trusts and Estates Practice Offers Insights on Estate Planning Opportunities Amid Economic and Legislative Change

NEW YORK, Aug. 13, 2025 /PRNewswire/ -- Policy changes and a shifting economic climate can, and often do, have far-reaching effects on estate planning and related considerations. Economic downturns and changes to tax laws can significantly influence the value of assets, the structure of wealth transfers, and the strategies individuals and families employ to preserve their legacies. Tannenbaum Helpern's Trusts and Estates practice closely monitors how recent economic and political developments affect their diverse client base and trusts and estates law more broadly.

Practice Co-Chairs and partners Yolanda Kanes and Jordan S. Linn and associate Jordana E. Balsam recently co-authored Unpacking the One Big Beautiful Bill: What Changes Are Required to Optimize Your Estate Plan?, which examines how the One Big Beautiful Bill Act (OBBBA) reshapes estate planning via changes to current federal and gift tax exemptions. The article discusses opportunities created by these changes, along with updates to State and Local Tax (SALT) and charitable deductions and 529 Plans. Jordan S. Linn and associate Nicholas N. Khayumov also recently co-authored Estate Planning and Estate Administrations During Economic Downturns which reflects on crucial considerations related to estate valuation during a down market as well as the opportunities presented by embarking on estate planning when asset values and interest rates are low.

Tannenbaum Helpern's Trusts and Estates team is readily available to provide guidance on how these developments may affect our clients' estate plans and assist with any other trusts and estates-focused matters, including sophisticated planning strategies, probate and administration, and dispute resolution.

About Tannenbaum Helpern's Trusts and Estates Practice

Tannenbaum Helpern's Trusts and Estates practice delivers high-level, tailored legal counsel in all aspects of estate planning, probate and administration, and high-profile and complex disputes. The team represents a broad client base that includes high-net worth and ultra high-net worth individuals, multinational corporations, charitable organizations, and more in connection with sophisticated estate and tax planning, business succession, asset protection, and multi-generational wealth preservation. The Firm's Trusts and Estates attorneys prepare simple and complex estate documents, handle probate and administration involving diverse and high-value assets, and represent clients in contested matters such as disputes pertaining to probate and guardianship proceedings and breach of fiduciary duty. Our Trusts and Estates practice is committed to securing clients' legacies and leverages deep experience in both preventative planning and high-stakes litigation to achieve practical solutions and provide trusted advocacy.

About Tannenbaum Helpern

Since 1978, Tannenbaum Helpern has combined a powerful mix of insight, creativity, industry knowledge, legal talent and experience to successfully guide clients through periods of challenge and opportunity. Our mission is to deliver the highest quality legal services in a practical and efficient manner and to provide the judgment, common sense, and legal acumen of well-trained, business-minded lawyers, all within a culture that fosters an inclusive and respectful workplace. Through our commitment to exceptional service and driven by a focus on results, Tannenbaum Helpern continues to earn the loyalty of our clients and a reputation for excellence.

Media Contact: Jennifer White
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SOURCE Tannenbaum Helpern Syracuse & Hirschtritt LLP