Investor sentiment is running hot, but two emerging risks could put the brakes on the latest leg of the rally.
Singer-songwriter Jimmy Buffett died in 2023, leaving behind a $275M estate. The bulk of Buffett’s assets went into a marital trust with his widow.
Starting in 2026, the federal estate tax exemption is expected to jump to $15 million per person (that’s estimated to be $30 million for couples).
Stellantis and Ferrari Chairman John Elkann and his siblings Lapo and Ginevra have settled a tax dispute in Italy.