Time to Read: 5 minutes
The One Big Beautiful Bill Act is affecting multiple sectors across the S&P 500 with its pro-growth provisions. Some industries face tailwinds while others are not expected to gain as much. Learn which sectors we believe are poised to benefit the most.
In 2025, the passage of the One Big Beautiful Bill Act (OBBBA) permanently increased the federal estate and gift tax exemption, providing greater legislative certainty and new opportunities to preserve wealth across generations.
Long seen as the exclusive purview of ultra-high net worth families (UHNW), strategic philanthropy is now a mainstream concept. For those families and individuals involved in philanthropy, even at modest asset levels, conversations between donors and recipients are changing dramatically. Families are evolving in how they view their philanthropic efforts and goals, as they seek to make more of an impact on the causes that are important to them.
Philanthropy is often where generational differences in wealthy families become most visible. While it brings family members together around shared purpose, it can also reveal contrasting priorities, values and views on how capital should create impact. In many families, philanthropy becomes the first arena where different visions of legacy emerge.
Explore how individuals, married couples, and ultra-wealthy estates should adapt—from simple lifetime gifting to sophisticated structures like GRATs, dynasty trusts, and valuation-discount strategies.
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