1. Dolly Parton is known for her philanthropy and has valuable lessons to teach about doing good.
2. Winning a money judgment in a court case does not automatically provide funds, and there are additional steps to take.
3. Non-citizens in the US do not enjoy all the tax benefits that citizens do, especially in estate planning.
4. Estate planning is important for all adults, not just the wealthy or elderly, as it allows individuals to ensure their wishes are carried out after they pass away. 1. Congress may need to address the sunset provisions of the Tax Cuts and Jobs Act in 2024, an election year.
2. Specifically, Congress will need to decide whether to extend the high estate tax exemption introduced in 2017 or allow it to expire in 2025.
3. The outcome of this decision could have significant impacts on estate taxes for individuals and families.
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