– Dolly Parton is known for her philanthropy and has valuable lessons to teach about giving back.
– Winning a court case and obtaining a money judgment does not automatically provide you with funds.
– Non-citizens in the US do not enjoy all the tax benefits that citizens do, especially in terms of estate planning.
– Estate planning is important for every adult, regardless of wealth or age, to ensure their wishes are carried out after their passing. 1. The future of the high estate tax exemption introduced in 2017 under the Tax Cuts and Jobs Act is uncertain as it is set to sunset in 2025.
2. Congress will need to address the sunset provisions of the Tax Cuts and Jobs Act, including the estate tax exemption, in an election year.
3. The outcome of the 2024 election may impact Congress’s decision on whether to extend or allow the sunset provisions to take effect.
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