1. Dolly Parton is known for her philanthropy and has lessons to teach about doing good.
2. After winning a money judgment in a lawsuit, individuals still need to take steps to actually receive the funds.
3. Non-citizens in the U.S. do not receive the same tax benefits as citizens, particularly in estate planning.
4. Congress is facing questions about whether to extend the high estate tax exemption introduced in 2017 or allow it to sunset in 2025. 1. Digital wallets and private keys should be included in estate plans to ensure the transfer of cryptocurrency to heirs.
2. Consider appointing a digital asset executor to handle the distribution of cryptocurrency and other digital assets.
3. Ensure proper documentation and instructions are in place for heirs to access and transfer cryptocurrency after the owner’s passing.
4. Regularly update estate plans to reflect changes in cryptocurrency holdings and relevant laws and regulations.
5. Consult with legal and financial professionals with expertise in cryptocurrency to create a comprehensive estate plan.
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