New Opportunities for Generational Wealth Transfer

With the enactment of the Working Families Tax Cuts Act—colloquially known as the “One Big Beautiful Bill Act” (OBBBA)—high-net-worth families have access to a new financial tool: Trump Accounts. These structures allow for tax-advantaged savings specifically designed for children under the age of 18.

Aligning Legislation with Legacy Goals

For our clients in Burlingame and the greater Bay Area, this legislation presents a timely opportunity to review your current gifting strategies. At Sullivan & Company CPA Inc., we focus on integrating these new accounts into your broader estate plan to ensure your family’s financial objectives are met with precision and foresight.

Ready to update your estate strategy? Contact us today to discuss how the OBBBA affects your specific situation.