Fed Marijuana Rescheduling, 2026 Estate Tax Thresholds, Gift Tax Rules & Teenage Slang Decoded

This week on the Weekly Docket, join Phil and Chris as they analyze President Trump’s executive order to reschedule marijuana to Schedule III and what this federal shift specifically means for state law enforcement and doctors in Texas. They also provide a critical update on the significant 2026 increases to taxable estate thresholds and gift tax exclusions following the ‘One Big Beautiful Bill Act,’ detailing exactly what individuals and married couples need to know for future tax planning. Finally, they break down the latest teenage slang in a lively rant and rave, defining terms like ‘Rizz,’ ‘Aura,’ and ‘Mogging’ to help you stay culturally relevant.