Business · June 22, 2026

Raising the estate tax exemption sounds like good news, and for many business owners, it is. But while everyone celebrates the headline, a quieter tax change is already reshaping some business succession plans. Certain trusts can now face new deduction limits at surprisingly low income levels, changing what ultimately reaches the next generation. The biggest risk may not be the law you know about, but the one you never thought to ask about.