1. Dolly Parton is known for her philanthropic efforts and has valuable lessons to teach about doing good.
2. Winning a money judgment in litigation doesn’t automatically provide funds, but entitlement to a specific amount.
3. Non-citizens in the US do not receive all the tax benefits that citizens do, especially when it comes to estate planning.
4. Estate planning is important for all adults, regardless of wealth or age, as it ensures that their wishes are implemented after they pass away. – Congress may address the sunset provisions of the Tax Cuts and Jobs Act in an election year.
– There are questions about whether Congress will extend the high estate tax exemption introduced in 2017 or allow it to expire in 2025.
– The outcome of these decisions could have significant implications for estate tax laws.
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