When I first read about the new tax reform passed on July 4, 2025, I turned to someone I trust for clarity: Matt Tabler, Founder of Pinnacle Private Wealth Advisors. Matt has long emphasized that real wealth is not just about accumulation—it’s about clarity, intention, and living with purpose. With that lens in mind, we discussed the practical impacts of the new tax reform, bringing some of the most significant changes to tax and estate planning in over a decade. Here are key takeaways from that conversation, shaped by insights from both Pinnacle and broader financial research:
Opportunity Zones: Recharged and Relevant
One of the most immediate planning opportunities under the new tax reform is the revitalization of Opportunity Zones (OZs). Investors can now defer capital gains until 2032, and receive a 15% basis step-up if they hold the investment for at least seven years. For those holding unrealized gains and looking to align long-term growth with community reinvestment, this offers a meaningful tool. As Matt put it, “We’re seeing a new window open—where smart investing and meaningful impact can truly align.”
Estate Planning: Revisit, Rethink, Reframe
The new tax reform significantly reduces lifetime gift exclusions and changes the way inherited assets are taxed—moves that could upend long-standing estate plans.
Matt advises families to take a fresh look at their legacy strategies. “This isn’t a tweak—it’s a shift,” he noted. “If you haven’t reviewed your estate plan in the last six months, now’s the time. These changes could materially impact how your wealth is preserved and passed on.”
Executive Compensation & Business Succession
High-earning professionals may see new tax treatment of deferred comp plans and retirement contributions, while business owners face updates to pass-through entity rules and succession planning structures. Matt emphasized the need to assess cash flow models and ownership structures now: “These changes could affect how and when you exit your business—and how much value stays with your family.”
Charitable Giving: Strategize Early
Starting in 2026, itemized charitable deductions will be capped at 35%, and a new 0.5% AGI floor will be introduced. That means less room for high-net-worth donors to offset income through giving. 2025 offers a window for accelerated gifting before the new rules take effect. Donor-advised funds (DAFs) and gift bunching remain vital, offering flexibility while locking in current-year deductions. On the bright side, non-itemizers will now benefit from a new above-the-line deduction—$1,000
for individuals and $2,000 for couples—opening the door for broader participation in charitable giving.
Planning With Purpose
As Matt shared during our conversation, “The [new tax reform] isn’t just a policy update. For many families, it’s a call to sharpen their vision, align their values, and be more proactive than ever.” Whether you’re managing a family office, preparing for retirement, or planning your philanthropic legacy, this is a moment to pause, assess, and act with intention.
For more personalized guidance, connect with Pinnacle Private Wealth Advisors at www.pinnacleprivatewealthadvisors.com.
Important Disclosures:
This editorial is for informational purposes only and does not constitute legal, tax, or investment advice. The information provided is
based on current legislation and publicly available sources as of September 2025. Tax laws are subject to change, and their impact
may vary based on individual circumstances. Clients should consult with their tax advisor, estate attorney, or financial planner before
making any decisions.
There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification
does not protect against market risk.
This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your
specific situation with a qualified tax or legal advisor.
Pinnacle Private Wealth Advisors is not a law firm or tax advisory service. We partner with clients and their professional advisors to
develop strategies aligned with their goals.
Securities and Advisory services offered through LPL Financial, a Registered Investment Advisor. Member FINRA & SIPC. Pinnacle
Private Wealth Advisors is not registered as a broker-dealer or investment advisor.
These changes mean that timing and strategy are more important than ever. High-net-worth donors may want to accelerate giving in 2025 to maximize deductions before the new thresholds take effect.
Wealth is more than accumulation—it’s a tool for building a life of intention, impact, and clarity; and reflects your values, vision, and legacy for generations. - Pinnacle Private Wealth Advisors