The impact of tax cuts and jobs act of 2017 on estate planning the tax cuts and jobs act of 2017 the act which was signed into law on dec 22 2017 made substantial changes to the internal . Toss routine planning right out the window now that the status quo of tax planning has been upended by the passage of the tax cuts and jobs act of 2017 wills trusts and portfolios are all due . Estate tax and other planning after the tax cuts and jobs act of 2017 handout materials are available for download or printing on the handout tab on the gotowebinar console if the tab is not open click on that tab to open it and view the materials 1. In the near term though most are simply focused on taking advantage of end of year tax planning especially taking advantage of deductions in the next two weeks that may not be available after 2017 once the tax cuts and jobs act is signed into law. In december 2017 congress did the near unthinkable it passed the tax cuts and jobs act of 2017 the act which among other changes raised the exemption from the federal estate gift and generation skipping
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