1. Dolly Parton is known for her philanthropic efforts and has valuable lessons to teach about giving back.
2. Winning a money judgment in a court case does not automatically provide the funds, and there are steps that need to be taken to collect the money.
3. Estate planning is important for both U.S. citizens and non-citizens, but non-citizens may not enjoy all the same tax benefits as citizens.
4. It’s important to discuss your estate plan with loved ones to ensure your wishes are implemented after you pass away. – Congress may address the sunset provisions of the Tax Cuts and Jobs Act in 2024.
– There are questions about whether Congress will extend the high estate tax exemption introduced in 2017 or allow it to sunset in 2025.
– The upcoming election year raises uncertainty about how much work Congress will accomplish in addressing the tax provisions.
Additional Tactics to Minimize the Risks of Trust Litigation
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