Springfield Cannon: 2026 Estate Planning Series: Estate Planning Under the "One Big Beautiful Bill Act" - 1/20

PNC’s Private Bank is inviting you to attend Cannon Estate Planning Teleconference in person.

 2026 Estate Planning Series: Estate Planning Under the "One Big Beautiful Bill Act"

 

Tuesday, January 20, 2026

12:00 pm – 1:30 pm

 

PNC Bank

3201 W White Oaks Dr., Suite 100B

Springfield, IL 62704

 

 

Summary of Teleconference:

Whether you think H.R. 1, informally known as the “One Big Beautiful Bill Act,” is beautiful or ugly, it has significant implications for estate planning. Among other features, the inflation-indexed basic exclusion amount, doubled in the 2017 Tax Cuts and Jobs Act (“TCJA”), has become $15 million, with continued indexing, and no longer has an expiration date. Likewise, the top marginal income tax rate of 37%, introduced in the TCJA, is now permanent. The deduction for state and local income taxes is increased from $10,000 to $40,000, subject to phase-out and sunset provisions. Benefits related to qualified small business stock (“QSBS”) are expanded. In this program, we’ll explore what matters most to estate planners, including: 

 

  • Working with an historically high basic exclusion amount and GST exemption no longer scheduled to be reduced

  • Enhanced uses for nongrantor trusts

  • Taking advantage of new QSBS rules and qualified business income provisions

  • Considerations impacting qualified opportunity zone investments

 

Register for the teleconference by sending an email to jennifer.s.walker@pnc.com no later than NOON Monday, January 19th.

 

A box lunch will also be provided, so when sending an email to RSVP, please include your choice of sandwich from the following options:

Panera - 1) Grilled Chicken & Avo BLT, 2) Turkey & Cheddar , 3) Tuna Salad Sandwich, 4) Tomato Basil BLT, 5) Toasted Italiano or 6) Toasted Garden Caprese. Chips and cookie included.

 

There is no cost for this teleconference and attendees can earn 1.5 hours of Continuing Legal Education Credit for Illinois and other states.  Continuing Education Credit also given for CPA, CTFA, CFP, CLU, ChFC.

Sarah Croft