Picking Someone to Manage Your Trust: What You Need to Know

1. Dolly Parton is known for her philanthropic efforts and has a lot to teach about giving back to the community.
2. Winning a money judgment in court doesn’t automatically provide the funds, and there are additional steps to take to actually receive the money.
3. Non-citizens in the US do not enjoy all the same tax benefits as US citizens, especially when it comes to estate planning and taxes.
4. Estate planning is important for everyone, not just the wealthy or elderly, and it allows individuals to ensure their wishes are carried out after they pass away. – Congress may address the sunset provisions of the Tax Cuts and Jobs Act in 2024, as it is an election year.
– The high estate tax exemption introduced in 2017 may be extended or allowed to sunset in 2025.
– The outcome will depend on the priorities and decisions of the members of Congress leading up to the election.

How to Choose a Trustee


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *