May 2025 Newsletter
Legal Lines News
Estate Planning and Elder Law
May 2025
President Trump’s First 100 Days in Office
Despite the many uncertainties facing President Trump’s agenda, his administration has strongly signaled that tax-related measures are a top priority. Trump and Republicans want to extend many provisions from the expiring Tax Cuts and Jobs Act (TCJA) that the president signed into law in his first term. There could also be new tax cuts, such as Trump’s proposal to eliminate taxes on tips, overtime pay, and Social Security benefits. Read more to learn about Trump’s and the GOP’s reported tax priorities for their economic package.
How to Make the Next 100 Days Impactful
Spring is an opportune season for housekeeping, both literally and metaphorically. It is time to throw open the windows of your life, let in the fresh air, and catch up on the small chores that often get pushed aside amid modern life’s frenetic pace—including dusting off your estate plan, clearing away outdated documents, and tidying up your financial house. Read more to learn about the different ways you can make the next 100 days impactful in your life.
Notable Estate Planning Legislation
No matter the time of year, taxes are always a hot topic. While we usually think about taxes in terms of how they affect us today, it can be equally important to understand the history of tax laws that can impact your estate plan. Read more to learn about notable estate planning legislation.
Note From Susana
Procrastination & Change—Or Not
Practical Lessons from the Front Lines of Estate Planning
Dear Clients and Friends,
A few years ago, I co-authored a book called Bloopers in Estate Planning and Elder Law. We used classic TV sitcoms to illustrate real-world legal missteps—problems we saw in our practices and how we resolved them for our clients. The book is no longer in print, but the key lessons remain just as relevant today.
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