1. Dolly Parton is known for being one of the most philanthropic celebrities in the world, and there are lessons that can be learned from her passion to do good.
2. After winning a money judgment in a litigation case, individuals are entitled to the amount stated in the judgment, but it does not automatically provide them with funds.
3. U.S. citizens receive certain tax benefits throughout their lives and even upon their death by virtue of their status as citizens, which non-citizens do not enjoy. 1. Congress will need to address the sunset provisions of the Tax Cuts and Jobs Act in 2024.
2. There is uncertainty about whether Congress will extend the high estate tax exemption introduced in 2017 or let it expire in 2025.
3. The upcoming election year adds complexity to the decision-making process for Congress.
4. The outcome of Congress’s decision will have significant implications for estate tax planning and wealth transfer.
Should You Set Up a Family Trust for the Benefit of Your Spouse?
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