BLACK & BROWN FAMILY WEALTH MATTERS: Click here to learn how we are working to support you.
PROTEJA SU HOGAR Y SU FAMILIA - Se Habla Espanol. Haga clic aquí!
  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Home
  • Our Firm
    • About Our Firm
    • Areas We Serve
      • Los Angeles County
        • Inglewood
          • Estate Planning Attorney Serving Inglewood, CA
        • Malibu
        • Santa Monica
        • Torrance
        • Venice
    • Attorney and Staff Profiles
      • Attorney Caprice Collins
    • Awards & Recognition
    • Giving Back
    • Our Reviews
    • Speaker Connection
    • Staff Events
  • Services
    • Asset & Business Planning
    • Estate And Gift Tax Figures
    • Estate Planning Services
    • Family-Owned Businesses
    • Financial Planning Assistance
    • Incapacity Planning
    • IRA & Retirement Planning
    • Legacy Planning Services
    • LGBTQ Estate Planning
    • Medi-Cal and Elder Law
    • Pet Planning
    • SECURE Act
    • Special Needs Planning
    • Trust Administration & Probate
      • Trust Administration & Probate Definitions
  • EVENTS
  • Resources
    • Elder Law
      • Ladera Heights Elder Law
      • Los Angeles County Elder Law
      • Elder Law & Medicaid Definitions
      • Elder Law Reports
      • Medi-Cal Planning Checklist
    • Estate Planning
      • Estate Planning Checkup
      • Estate Planning Reports
        • Advanced Estate Planning
        • Basic Estate Planning
        • Estate Planning For Niches
        • Trust Administration
      • Estate Planning Definitions
      • Estate and Gift Tax Figures
      • Incapacity Planning Definitions
      • Is Your Estate Plan Outdated?
      • Top 10 Estate and Legacy Planning Techniques
    • Free Estate Planning Worksheet
    • Free Seminars
    • Frequently Asked Questions
      • Business Succession Planning
      • Digital Estate Planning
      • Dying Intestate in California
      • Elder Law
        • Medi-Cal
        • Nursing Home Planning
        • Understanding Dementia
      • Estate Planning
        • Charitable Gifting
        • Estate Planning for Veterans
        • Estate Planning for Women
        • Frequently Asked Questions for Families Without an Estate Plan
        • LGBTQ Estate Planning
      • Financial Planning
        • Tax Planning in Your Estate Plan
      • Incapacity Planning
        • Special Needs Planning
        • Veteran’s Benefits
      • IRA Inheritance Planning (California Edition)
      • Legacy Wealth Planning
      • LGBTQ+ Estate Planning in California: Your Most Pressing Questions—Answered
      • Pet Planning
      • Power of Attorney
      • Probate
        • Serving as Executor
        • Small Estate Administration
      • Revocable Living Trusts in California
      • Social Security Retirement Benefits
      • Trust Administration & Probate
      • Trusts
        • Trust Beneficiaries
        • Living Trusts
      • Understanding Estate Taxes and How They Impact Your Estate Plan
      • What You Need to Know to Protect Your Assets
    • Newsletters
    • Probate and Trust Administration
      • Bereavement Resources
      • How to Know if You Need Extra Help With Your Grieving
      • Loss of a Loved One
      • The Mourner’s Bill of Rights
      • Things You Need To Do When a Loved One Passes Away With a Trust
      • Things You Need To Do When a Loved One Passes Away With a Will
      • Trust Administration & Probate Definitions
    • Published Books
    • The Ultimate Caregiver Guide
    • Caregiver’s Worksheets and Checklists
  • Videos
  • Reviews
    • Our Reviews
    • Review Us
  • Women’s Planning
    • A Guide to Estate Planning for Women
    • Frequently Asked Questions
  • Trust Administration
  • Blog
  • Contact Us

Collins Law Group

Los Angeles Estate Planning Attorney

powered by BirdEye

Connect with us today(310) 677-9787

Attend a FREE Event

oprime aqui para
traducir a español

x

How to Protect Your Family In Case of Your Illness or Death

During our webinar, we discuss family home protection, avoiding nursing home poverty, preventing family feuds, protecting your kids' inheritance, and how you can keep the government out of your affairs.

Watch our webinar now
Home » Trust » One Big Beautiful Bill, One Big Question: Is Your Family’s Legacy Actually Protected for 2026?

One Big Beautiful Bill, One Big Question: Is Your Family’s Legacy Actually Protected for 2026?

December 22, 2025Black Family Wealth, Trust, Black Wealth

Carlos and Marisol sat at their kitchen table in View Park, phones between them, kids’ backpacks by the door, and a headline glowing on the screen:

“THE ONE BIG BEAUTIFUL BILL SHAKES UP TAXES FOR 2025 AND BEYOND.”

They own a home that’s doubled in value, a duplex they inherited from Carlos’s mom, and a small rental in Inglewood. They’ve heard bits and pieces:
Higher exemptions. Bigger deductions. New rules for tips and overtime. More changes to charitable giving.

But the real question isn’t, “Did Congress give us a tax break?”

It’s: “What does this do to our family’s legacy?”

If you’re asking that same question, this is exactly why Collins Law Group created the in-person Wills, Living Trusts & Asset Protection Seminar on Wednesday, January 7, 2026, at 10:00 a.m. in Inglewood.
👉 Reserve your seat now:
https://collinslawgroup.com/webinar/in-person-seminar-wills-living-trusts-asset-protection-january-2026/

What the “Big Beautiful Bill” really changes

The One Big Beautiful Bill Act, signed July 4, 2025, takes the giant 2017 tax law (the Tax Cuts and Jobs Act) and locks many of its rules in for the long haul instead of letting them expire at the end of 2025.

For families, some of the headline changes include:

  • Permanently higher federal estate and gift tax exemptions – now around $15 million per person and $30 million for married couples, indexed for inflation. Far fewer estates will pay federal estate tax, at least for now.
  • Higher cap on state and local tax (SALT) deductions – up to $40,000 for many taxpayers through 2029, before the cap drops again.
  • New breaks for tip and overtime income – designed to put more cash back in the pockets of working families.
  • New rules for charitable giving – including a modest above-the-line deduction for non-itemizers and tighter floors and limits for high-income donors.

On paper, it looks like good news: more breathing room from federal estate tax, more flexibility for SALT, a few extra tools for families and givers.

But that’s just the surface.

If you own a home in Los Angeles—or multiple properties like Carlos and Marisol—you don’t just need a reaction to the bill. You need a strategy that turns these rules into actual protection for your spouse, your kids, and whoever inherits your keys.

👉 If you want that kind of strategy, block out January 7 and get on the list:
https://collinslawgroup.com/webinar/in-person-seminar-wills-living-trusts-asset-protection-january-2026/

“Permanent” doesn’t mean forever

Financial headlines keep using the word “permanent.” The bill permanently extends many of today’s tax brackets and estate rules.

Here’s the truth professionals quietly repeat in closed-door meetings:
“Permanent” just means “no automatic expiration date.” Congress can still rewrite everything with another law.

So yes, families now enjoy:

  • A higher estate tax exemption
  • Clearer brackets
  • A bigger SALT cap for a few years

But a single election cycle or budget fight can flip the script again.

That’s why serious planners in 2026 stop asking, “What’s the law right now?” and start asking,
“If the rules change again, does our family still control our story?”

That question sits at the center of the January 7 Collins Law Group seminar. You won’t just hear what the law says; you’ll see what it means when you own real estate in places like Inglewood, Baldwin Hills, Ladera Heights, and beyond.
👉 Bring your questions and your real numbers to our first seminar of 2026! – Wednesady, January 7:
https://collinslawgroup.com/webinar/in-person-seminar-wills-living-trusts-asset-protection-january-2026/

The illusion of “we don’t have an estate tax problem”

With a $15–30 million federal exemption, many LA families shrug and say,
“We’re not that rich. We don’t need to worry about estate tax.”

That mindset misses the bigger danger.

Most Los Angeles families don’t lose wealth to the IRS. They lose it to:

  • Probate—a slow, public court process that can eat up time, money, and privacy.
  • Family conflict—because nobody wrote down who inherits the house, the rentals, or the life insurance.
  • Poor titling and outdated beneficiaries—old exes, estranged relatives, or “temporary” decisions that never got fixed.

The Big Beautiful Bill might give your estate more breathing room at the federal level, but it doesn’t lift a finger to:

  • Keep your kids out of probate court
  • Protect a blended family
  • Shield an inheritance from a child’s creditors, divorce, or bad decisions
  • Coordinate your trust with all the new tax rules in a way that actually builds a legacy

That’s the gap most families don’t see until someone dies and everything explodes.

On January 7, Attorney Collins and her team will walk through real-world scenarios—who keeps the house, what happens to rental income, how new tax rules intersect with old title problems—and show how to build a plan that stands up even when Congress moves the goalposts again.
👉 If you own property in LA, you belong in that room:
https://collinslawgroup.com/webinar/in-person-seminar-wills-living-trusts-asset-protection-january-2026/

Turning a tax bill into a legacy move

For Carlos and Marisol, the moment it clicked didn’t come from a headline. It came when their oldest asked, “If something happens to you, who gets Grandma’s duplex?”

They realized they didn’t have an answer that made sense.

The Big Beautiful Bill can absolutely help families—
if they translate the new rules into:

  • A living trust that actually matches how their properties and accounts are titled
  • A plan that protects a surviving spouse while still respecting children from prior relationships
  • Beneficiary designations that line up with what the trust says
  • Smart charitable and tax decisions that amplify, not dilute, their legacy

The bill changed the math. Your family still decides the meaning.

That’s what the Wednesday January 7, 2026 Wills, Living Trusts & Asset Protection Seminar exists to do: take this noisy, political, complicated “Big Beautiful Bill” and pull out what actually matters for real-life Los Angeles households.

No fluff. No scare tactics. Just clear, direct answers to:
“How do we protect our home, our savings, and our children—no matter what Congress does next?”

👉 Start the new year with clarity, not confusion. Reserve your seat for January 7 today:
https://collinslawgroup.com/webinar/in-person-seminar-wills-living-trusts-asset-protection-january-2026/

  • Author
  • Recent Posts
Dave Sorrendino
Dave Sorrendino
Dave Sorrendino
Latest posts by Dave Sorrendino (see all)
  • The Easy to Make $500,000 Mistake - August 17, 2026
  • When the Estate Wouldn’t Close - August 14, 2026
  • The House Was Ready. The Court Was Not. - August 13, 2026

Other Articles You May Find Useful

Being the Man Means Securing the Assets (So Your Family Isn’t Left Exposed)
Mujeres Liderando con el Corazón: Alzheimer’s Los Angeles Celebra el Impacto Durante el Mes de la Historia de la Mujer
Women Leading With Heart: Alzheimer’s Los Angeles Celebrates Impact During Women’s History Month
Dr. King’s Dream Didn’t End With a Speech; It Lives in the Legacy You Protect
Living Trust vs. Will in Los Angeles: The Choice That Decides Whether Your Family Meets a Judge
Life Insurance: The Silent Power in Your Estate Plan

Primary Sidebar

Collins Law Group

Blog Subscription

Sign up to our blog to receive the latest estate planning news and updates!

  • This field is for validation purposes and should be left unchanged.

Our Attorney

Attorney Caprice Collins

Get to Know Attorney Caprice Collins


Follow Us

  • Facebook
  • Twitter
  • Linkdin
  • Youtube
  • Instagram
  • Pinterest

Testimonials

Client Review
August 19, 2020
    

“My mother told me about the Collins Law Group and I must say, the entire experience has been a real pleasure. Although I was nervous at first, the Collins Law Group staff put me at ease with their friendliness and knowledge. I didn’t realize how hard it could be on your family and loved ones left behind if you die without any planning or directions in place for them. My biggest concern was making sure my elderly mother would be provided for and taken care of if something happened to me. I have been a caregiver for her for 12 years, so this planning was crucially important. I had previously made a living trust for myself on Legal Zoom but there is no comparison to the level of service and professionalism that Collins Law Group embodies. Attorney Collins and her staff provides excellent service and it will take a large burden off of my family when they need guidance at the time of my passing.”

default image
-Ms. Jones

Where We Are

Collins Law Group
3330 West Manchester Boulevard
Inglewood, CA 90305
Phone: (310) 677-9787
Fax: (310) 677-6742
Email: clcfirm@aol.com

See Larger Map Get Directions

Office Hours

Monday9:00 AM - 5:00 PM
Tuesday9:00 AM - 5:00 PM
Wednesday9:00 AM - 5:00 PM
Thursday9:00 AM - 5:00 PM
Friday9:00 AM - 5:00 PM

Map

Collins Law Group Google Map

Footer

  • About Our Firm
  • Advantages of Working With Our Firm
  • Services
  • Sitemap
  • Resources
  • Blog
  • Contact Us

Connect with Us

  • Facebook
  • Twitter
  • Linkdin
  • Youtube
  • Instagram
  • Pinterest
Collins Law Group footer logo

Attorney Advertisement

© 2026 American Academy of Estate Planning Attorneys, Inc.