Free Download · 2026 Edition

The Tax Code Changed in 2026.
Is Your Advisor Talking About It?

A practical, 24-item planning checklist for Texas families with $1M+ in assets — covering every major change that affects your wealth this year.

7 Planning Categories
·
24 Action Items
·
Built for $1M+ Households
·
Free · No Obligation

What's Inside

24 action items your advisor should already be working through.

The 2026 tax code brought the biggest changes to estate and income planning in a decade. A $15M estate exemption. A raised SALT cap of $40,400 for 2026. A permanent 20% QBI deduction. New vehicles like Trump Accounts. If your advisor hasn't talked to you about all of these — this checklist is a good place to start the conversation.

$15M
Federal Estate Exemption
(per person, 2026)
$40,400
SALT Deduction Cap
(joint filers, MAGI ≤$500K)*
20%
QBI Deduction
(now permanent)
$5,000
Trump Account
(annual contribution limit)

7 Planning Categories Covered

  • 1 Estate Planning — Exemptions, trusts, beneficiary designations
  • 2 Income & Tax Strategy — Roth conversions, QBI, SALT, loss harvesting
  • 3 Retirement Planning — RMDs, Social Security timing, catch-up limits
  • 4 Business Owner Planning — Exit, QBI optimization, structure review
  • 5 Investment Portfolio Review — Risk posture, concentration, rebalancing
  • 6 Charitable Giving — Bunching, QCDs, DAFs
  • 7 Insurance & Protection — Coverage gaps, long-term care, policy review

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Lake Hills Wealth Management · lakehillswm.com


Fee-only fiduciary — no commissions, ever
CFP® certified advisors
SEC-registered RIA (CRD #286175)
Austin & East Texas — since 2016

Who This Is For

Built for families who have earned complexity.

Business Owners
Facing a sale, succession, or simply trying to extract wealth tax-efficiently while you still own it. If your company qualifies under IRC §1202, a business sale could mean zero federal capital gains tax on up to $10M of gain.
Executives & Professionals
Managing RSUs, deferred comp, and concentrated positions that create real planning complexity.
Oil & Gas Families
Coordinating royalty income, mineral rights, depletion planning, and generational transfer of producing assets.
Retirees & Pre-Retirees
Navigating RMDs, Social Security timing, Roth conversion windows, and distribution sequencing.
Families with Estates $1M+
The $15M exemption changes the math on many trust structures. Now is the time to review.
Anyone with a CPA but No CFP
Your CPA files the return. Your advisor should be preventing the problem. This checklist shows you what that looks like.

About Lake Hills Wealth Management

Fee-only fiduciary wealth management for Texas families.

Lake Hills Wealth Management is a fee-only, fiduciary RIA serving high-net-worth families in Austin and East Texas. We don't earn commissions. We don't sell products. We charge a transparent advisory fee and put every recommendation in your best interest — by law and by design.

Our team of CFP® professionals uses a proprietary quantitative investment process alongside comprehensive financial planning — coordinating with your CPA and estate attorney so nothing falls through the cracks.

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Fee-Only
No commissions. No product sales. You pay us. We work for you.
Fiduciary
Legally required to act in your best interest at all times.
CFP® Certified
Every advisor on our team holds the CFP® designation.
SEC-Registered
RIA CRD #286175. Full disclosures at adviserinfo.sec.gov.

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