Darcy Katris Featured in Citywealth on Estate Planning Implications of OBBBA

Partner Darcy Katris, co-chair of Morrison Cohen’s Family Office Group, was quoted in Citywealth's recent feature, “OBBBA and the Global Wealth Shift: What Private Client Advisors Must Know Now.” The article examines how the One Big Beautiful Bill Act (OBBBA) is reshaping global wealth planning, with insights from legal and financial advisors worldwide.

Commenting on the bill’s estate planning implications, Darcy stated, “The only part of the bill that affects my clients and that they were concerned about was that the estate tax exemption was scheduled to sunset at the end of this year. OBBBA increases the estate tax exemption to $15M in 2026 with no sunset. My clients are relieved with this result so early in the year.”

Darcy’s commentary highlights the bill’s most immediate impact for domestic clients: a clear path forward on estate tax planning, with greater certainty and flexibility. As the article concludes, advisors play a critical role in helping clients seize the structural opportunities OBBBA presents, while also preparing for the longer-term implications of the shifting fiscal and geopolitical landscape.

Read the full article here.