FREE Book for Your Loved Ones & Friends! Do you have loved ones or friends who may benefit from discovering how estate planning can provide them the same Peace of Mind you enjoy? If so, show them how much you care by gifting them a FREE copy of Larry Parman’s best- selling book, The Straight Shooter’s Guide to Estate
• Bonus Depreciation: 100% first-year depreciation for qualifying assets acquired after January 19, 2025. • QBI Deduction: The 20% Qualified Business Income deduction remains, with higher income thresholds for phase-outs, though professionals (e.g., lawyers, doctors) are still excluded. • Capital Gains Indexing: Gains are now indexed to inflation, reducing taxable amounts on long-held assets. SALT Deduction • Temporarily increased to $40,000 (indexed for inflation) on state and local tax, but reverts to $10,000 in 2030. • High-income earners face phase-outs, and entity structuring (e.g., PTET) remains relevant for maximizing deductions. Charitable Giving • Non-Itemizers: Can deduct up to $1,000 (single) or $2,000 (married filing jointly). • Itemizers: Face a 0.5% AGI reduction in allowable charitable deductions. • Strategic giving through donor-advised funds or charitable trusts may help offset limitations. Bottom Line Schedule a consultation today to ensure your estate plan is aligned with the new law and your long-term goals. Protect your legacy—before the window of opportunity closes. Reminder: We Can Help with Probate Our Crusade is to help all families avoid the ravages and perils of probate. However, very sadly and unfortunately, statistics show over 50% of Oklahomans (and Americans in general) do not have a Trust set up. As a result, when they pass, they often leave a complete mess behind for their loved ones to deal with. Knowing this to be the case, we wanted to remind you that we specialize in making Probate as easy and painless as possible. If you have brothers, sisters, parents, aunts, uncles, or any other family member who did not do a Trust and now you are stuck dealing with a Probate, call us at 405-843-6100 to see how we may best help you. Or if you know someone dealing with Probate, have them call us as well.
Planning: A No-Nonsense, Straight Forward, Easy-to- Read Book Explaining Wills, Trusts, & Estate Plans for the Rest of Us . This book will help them understand the basics of Estate Planning and discover how it can benefit their personal and/or family’s security, quality-of-life, and well-being. To have this free Gift shipped to them lickety-split, call us at 405-843-6100 or have them call us at the same number. Or email us at info@parmanlaw.com. Upcoming Education Events: For those interested in learning how estate planning can benefit your family and as a refresher for Clients… Wills, Trusts, and Estate Planning Made Easy and Painless: Learn How to Protect Your Loved Ones, Hard-Earned Money, Belongings & More Tuesday, November 11, 2025 2 – 4 PM or 6 – 8 PM Fairfield Inn & Suites 1520 Garth Brooks Blvd; Yukon, OK 73099 Tuesday, December 9, 2025 2 – 4 PM or 6 – 8 PM Embassy Suites 2501 Conference Drive; Norman, OK 73069 RSVP at 405-286-9009 (24-hr hotline) or www.okcprogram.com
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