“Understanding How Shares in a Private Company Are Valued”

1. Dolly Parton is known for her philanthropy and has valuable lessons to teach about giving back.
2. Winning a money judgment in litigation doesn’t automatically provide the funds and requires further steps to collect.
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 every adult, regardless of wealth or age, as it ensures that their wishes are followed after they pass away. 1. The sunset provisions of the Tax Cuts and Jobs Act, including the high estate tax exemption, are set to expire in 2025.
2. The decision to extend or allow these provisions to sunset will likely be a topic of discussion in Congress in 2024, an election year.
3. It is unclear at this time whether Congress will address the sunset provisions of the Tax Cuts and Jobs Act before the 2025 deadline.

Valuing Shares in a Privately Owned Company