The high transfer tax exclusions would seem to make sophisticated estate planning unnecessary for many clients whose estates will not exceed the taxation thresholds. But there are many other considerations that should go into an estate plan including portability, income tax considerations and asset protection concerns that make "simple" planning a risk for many clients. The SECURE Act of 2019 and the CARES Act of 2020 have added new complications and opportunities to the planning process. Life insurance, retirement plans, existing estate plans, gifting and many other issues may need to be considered differently when advising clients in this new world of estate planning. The combination of the sunset of the 2017 Act after 2025 and possible “political risk” before then makes advising clients in 2020 of critical importance.