Monthly Archives:: July 2026

The One Big Beautiful Bill: What Business Owners Need to Do Right Now

by Tara Cheever ~ Attorney at Law July 29, 2026 Business Law, Estate Planning, Tax

The One Big Beautiful Bill introduced major tax changes that create new opportunities for business owners—but only if you know how to use them. From permanent 100% bonus depreciation and the Section 199A deduction to improved business interest deductions and immediate expensing for domestic research and development, these changes affect far more than your tax return. They can influence your entity structure, insurance coverage, financial decisions, and long-term planning. Learn what changed, what it means for your business, and the steps you should take now to make sure every part of your plan works together. READ MORE

Trump Accounts: What Every Parent of a Baby Born 2025–2028 Needs to Know

by Tara Cheever ~ Attorney at Law July 24, 2026 Estate Planning, Guardians for Minor Children, Trusts, Wills

The new Trump Account gives eligible children born between 2025 and 2028 a federally funded $1,000 investment account—but that’s only the beginning. Learn how these new accounts work, who qualifies, and why they should be coordinated with your family’s estate plan to help protect your child’s future. READ MORE

Asset Protection Trusts for Business Owners: Who Needs One and When to Act (Part 2)

by Tara Cheever ~ Attorney at Law July 14, 2026 Business Law, Estate Planning, Trusts, Wills

Not every business owner needs an asset protection trust – but for those with growing personal wealth and increasing liability exposure, planning before a claim arises can make all the difference. Learn who should consider a lifetime asset protection trust, what life events should trigger the conversation, and why timing is one of the most important parts of protecting what you’ve built. READ MORE