1. Dolly Parton is known for her philanthropy and has valuable lessons to teach about doing good.
2. After winning a money judgment in a case, individuals need to take steps to actually receive the funds.
3. Non-citizens in the US do not enjoy all the same tax benefits as citizens, particularly in estate planning.
4. Estate planning is important for all adults, regardless of wealth or age, to ensure wishes are implemented and assets are distributed as desired. 1. Congress may address the sunset provisions of the Tax Cuts and Jobs Act in 2024, but it is uncertain how much work they will accomplish in an election year.
2. One specific area of focus for Congress will be whether to extend the high estate tax exemption introduced in 2017 or allow it to expire in 2025.
3. The decision on whether to address the sunset provisions of the Tax Cuts and Jobs Act may have significant implications for estate tax planning and individual taxpayers.
How Can You Structure Your Business to Account for Future Ownership Changes?
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