Top financial advisors are preparing for a potential tax cliff in 2025 when the Tax Cuts and Jobs Act expires. The TCJA, signed into law by former President Donald Trump in 2017, introduced several temporary tax breaks for individuals, such as lower tax brackets, higher standard deductions, a larger child tax credit, and estate tax exemptions. Advisors are developing strategies to help clients mitigate the effects, focusing on estate planning and income acceleration ahead of possible tax hikes.