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- Aug 6, 2026
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The Estate-Tax Sunset That Never Happened (opens the original)
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The 2026 Cliff Was Real. Congress Removed It Before Families Reached the Edge.For several years, affluent families, business owners, and their advisors prepared for a federal estate-tax cliff expected to take effect on January 1, 2026.The expanded exemption created under the 2017 Tax Cuts and Jobs Act was scheduled to expire after 2025. Without new legislation, the amount an individual could transfer free of federal estate and gift tax was expected to fall by roughly half.That possibility create
The Great Wealth Transfer Is No Longer a Forecast (opens the original)
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For years, the Great Wealth Transfer was discussed like a weather system forming somewhere over the horizon. Advisors built presentations around it. Wealth managers published forecasts about it. Families acknowledged that, someday, assets would move from one generation to the next. Someday has arrived.“The next generation may inherit the assets of the accumulation era. It will not inherit the same buyer base that priced them.”—Ben ReinbergThis is the first installment in a 10-part Alliance Intel
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