On Thursday, May 22, 2025, the House of Representative passed an extensive tax reform bill titled the “One Big Beautiful Bill Act” (the “OBBBA”). Under the OBBBA, the federal estate tax and lifetime gift tax exemption amount (currently set to expire after December 31, 2025) is permanently extended and increased to $15,000,000 as of 2026, indexed for inflation going forward.

It is with a very heavy heart that we share the news of Webb “Tony” Smith’s passing on the evening of April 2, 2025. He was in Florida and passed away peacefully with Pat (wife) and Betsy (daughter) by his side.

Tony's family has released the following obituary detailing Tony's life.

Watch the inaugural episode of Foster Swift's Sports Talk Podcast! Featuring hosts Dave Russell, Tony Dalimonte and Charlie Sarchet, this episode discusses the anticipated House settlement and its potential effects on non-revenue sports.

Episode guests are MSU Baseball Head Coach, Jake Boss Jr. and Dr. Tom Dieters, Founder and President of Charitable Gift America.

On April 2, Judge Cole of the 30th Circuit Court granted all relief requested in a Motion for Summary Disposition In Lieu of Answer under MCR 2.116(C)(4), (7), and (8) in Cothran, et al. v. McBath.

Attorneys Alexander Rusek and Destiny Hughes earned a dismissal of all causes of action brought by all plaintiffs in a civil lawsuit alleging that the defendants committed fraud, assault and battery, and intentional infliction of emotional distress.