“Understanding Postnuptial Agreements”

1. Dolly Parton is a philanthropic celebrity who has lessons to teach about giving back.
2. Winning a money judgment in litigation doesn’t automatically provide funds, and there are steps to take to actually receive the money.
3. Non-citizens in the US are subject to different tax laws and may not enjoy all the benefits of US citizens when it comes to estate planning.
4. Everyone, regardless of wealth or age, should have an estate plan in place to ensure their wishes are implemented after their passing. 1. There is uncertainty about whether Congress will address the sunset provisions of the Tax Cuts and Jobs Act in an election year.
2. One specific issue is whether Congress will extend the high estate tax exemption introduced in 2017 or allow it to expire in 2025.
3. The outcome will depend on the political priorities and dynamics of Congress during the election year.

Do You Need a Postnuptial Agreement?