The Sun That Rises Also Sets: Tax Planning in Anticipation of the Tax Cuts and Jobs Act 2025 Sunset

Suzanne L. Shier, Levenfeld Pearlstein

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The December 31, 2025, sunset of many of the provisions of the 2017 Tax Cuts and Jobs Act which impacts private clients is quickly approaching. In today’s presentation we will share practical insights and strategies in advising our clients and managing our practices in the upcoming season of transition. Some topics we will address:

1. Who will the sunset affect and how will it affect them?
2. What can we do to navigate the uncertainty of the 2024 election year and potential 2025 legislation, as we face the anticipated reversion to lower gift, estate, and generation-skipping transfer tax exclusions and shifts in tax rates and deductions for individuals and businesses?

Suzanne L. Shier

Suzanne Shier is Of Counsel in Levenfeld Pearlstein’s Trusts & Estates Group. She is experienced in advising high net worth individuals and families in wealth, tax, business, and philanthropic planning. Her focus is on positioning clients to use their assets to achieve the desired impact, and she advises her clients to use their resources to fulfill the aspirations they have for their families, businesses, and communities. Suzanne’s clients include executives, entrepreneurs, professionals, family wealth owners, corporate fiduciaries, and charities with both domestic and international residence and assets. She has decades of experience both in private practice and with a leading global wealth management firm.

Suzanne is a frequent speaker and is regularly quoted in the media, including the Wall Street Journal, the New York Times, Penta, and Barron’s. She is the recipient of the Chicago Estate Planning Council Austin Fleming Distinguished Service Award, a fellow of the American College of Trust and Estate Counsel where she is the chair of the International Estate Planning Committee and Co-chair of the International Membership Committee, and an Academician of The International Academy of Estate and Trust Law. Suzanne is an adjunct professor in the Northwestern Pritzker School of Law LLM in Taxation Program, where she teaches estate and gift taxation and international estate planning and mentors law students to use their talents to serve clients and the community.

Suzanne is active in the civic community, serving on philanthropic boards, concentrating on access to educational excellence at all levels. Sher serves on the Board and Executive Committee of Kids Hope USA and Chicago Scholars Foundation and formerly served on the Board and Executive Committee of Hope College.

Suzanne’s greatest joy is her family – her husband, daughters, sons-in-law, and golden retriever. She enjoys spending time outdoors, including hiking, swimming, skiing, and snowshoeing.

Thank you to our sponsor

Location:

• Maggiano's Little Italy Old Orchard - 4999 Old Orchard Shopping Ctr, Space #A28 Skokie, IL 60077
  

Rates: 

• Season Pass Members: Free
• Regular Members and member's guests: $35 in advance, $40 at the door
• Non-members: $50

Agenda: 

• 7:30 A.M. Networking
• 8:00 - 9:00 A.M. Presentation
• 9:15 A.M. Meeting Adjourns