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_irs-quietly-changes-the-rule-on-how-your-childrens-inheritance-will-be-taxed.jpg "The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.")
⏲ 1:29 👁 3.7M
_tips-on-spotting-a-scam-and-how-to-get-your-money-back.jpg "In light of the rising cost of living crisis, being sure you’re safe from scams is more important than ever and there are a few helpful steps to keep your money, data and private information secure.")
⏲ 2:53 👁 3.9M
_wall-street39s-most-accurate-analysts39-views-on-3-industrials-stocks-with-over-3-dividend-yields.jpg "Benzinga.com readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy.<br/><br/>Here are the ratings of the most accurate analysts for three high-yielding stocks in the industrials sector.")
⏲ 1:25 👁 3.7M
_inside-a-3646-million-renewable-energy-swindle.jpg "Rhino Onward International, or ROI as it called itself, launched in 2022 with some big promises. The renewables development firm claimed that its “proprietary process and technology” put it in position “to assume the leading role in Green Hydrogen production.” The company said it was building a green hydrogen plant in Arizona that would be worth about $530 million within 5 years, according to marketing materials it shared with investors.<br/><br/>ROI raised $31 million from over 200 investors but apparently only invested $200,000 in the business; the firm’s promoters Paul Croft and J.D. Frost diverted the rest of the investors’ money to themselves and entities they control, according to an investor lawsuit filed in Illinois last month, which cited bank records obtained through subpoenas. Beginning in 2021 until last year, Croft, a 42-year-old entrepreneur living in Chicago, and Frost, a 40-year-old accountant based in Chattanooga, Tennessee, raised approximately $46 million from a series of phony renewables investment schemes, which the pair used to live extravagantly, pay employees at their tax advisory business, pay down short-term loans and even lend money to embattled professional hockey player Robin Lehner, according to allegations in lawsuits, bankruptcy filings, former investors and ex-employees of Croft’s and Frost’s businesses who spoke with Forbes on the record, and others with knowledge of the matter who spoke on the condition of anonymity in order to speak about sensitive information.<br/><br/>0:00 Introduction<br/>0:28 The Founding Of Rhino Onward International<br/>3:34 Who Was Scammed By Croft And Frost?<br/>6:11 Who Are Croft And Frost?<br/>9:21 When Did Investors Figure Out The Scam?<br/>12:17 Embellishing Wealth And Origin Stories<br/>14:26 What's Next?<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/johnhyatt/2024/04/23/anatomy-of-a-46-million-renewable-energy-swindle/?sh=767c07c23c4b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
⏲ 15:41 👁 11.4M
_how-to-cut-working-from-home-costs.jpg "With many of us now working from home for at least part of the week, we highlight the simple steps you can follow to save money when working from home and save around £300")
⏲ 3:52 👁 6.2M
_did-elon-musk39s-surprise-china-mission-pay-off-tesla-reportedly-inks-fsd-deal-with-internet-giant-baidu.jpg "The report comes on the heels of Tesla CEO Elon Musk‘s unannounced trip to China over the weekend, fueling speculation about FSD’s rollout in the country.<br/><br/>Why It Matters: During Tesla’s recent earnings call, Musk expressed his desire to launch FSD in new markets, including China, pending regulatory approval.")
⏲ 0:52 👁 1.9M
_top-10-hollywood-gambles-that-paid-off-big-time.jpg "It's worth taking a chance sometimes! Welcome to WatchMojo, and today we’re counting down our picks for movie production decisions that were risky on a logistical, creative or financial level - but which ended up with critical and/or monetary success. Spoiler Alert!")
⏲ 11:53 👁 620K
_trump-faces-contempt-charges-threat-of-jail-looms-over-violation-of-gag-order.jpg "We have an update on the hush money trial involving former President Donald Trump. The judge presiding over the case has held Trump in criminal contempt for violating a gag order. This order prohibited Trump from making any attacks on jurors and witnesses. The judge ruled that Trump had violated the order nine times, and as a result, he imposed a fine of $1,000 for each violation. However, he went even further and warned Trump that if he continues to violate the order, he could face even harsher consequences. He explicitly stated that Trump could be jailed for further violations and emphasized the seriousness of these violations, making it clear that he will not tolerate any more disobedience from the former president. This case continues to garner attention and will undoubtedly have significant implications for the future of Trump's legal battles. We will keep you updated on any further developments in this trial, on Fan Reviews News.")
⏲ 0:59 👁 6.4M
_trees-that-falls-into-your-neighbor39s-boundaries-who-is-responsible.jpg "Whose Insurance Pays and how to be a good neighbor when your tree drops by uninvited?")
⏲ 2:4 👁 615K
_reasons-why-a-pension-lump-sum-is-better-than-an-annuity-payment.jpg "Lump sum or annuity payments? Single-life benefits or joint-and-survivor benefits? Once you explore the risks and hidden costs, the right pension answer for you could come down to control.")
⏲ 2:29 👁 805K
_fed39s-key-inflation-indicator-hits-2-8-dashes-rate-cut-hopes-traders-on-alert.jpg "The Federal Reserve’s preferred measure of inflation – the Personal Consumption Expenditure (PCE) price index – rose more than expected in March, confirming concerning signs of a resurgence in inflationary pressures in the first quarter of the year.<br/><br/>The higher-than-expected PCE report serves as a stark reality check for traders, further postponing expectations of a Federal Reserve rate cut that had already been dwindling in recent weeks.")
⏲ 0:48 👁 3.1M
_39the-lord-of-the-rings-the-rings-of-power39-cast-interview.jpg "CinemaBlend discusses “The Lord of the Rings: Rings of Power” with the cast including Morfydd Clark, Trystan Gravelle, Charlie Vickers, Lloyd Owen, Maxim Baldry, Ema Horvath, Leon Wadham, Ismael Cruz Córdova, Benjamin Walker, Nazanin Boniadi, and Tyroe Muhafidin. Watch as Sean O’Connell gets their reaction to hearing their show will screen in theatres, working with J.A. Bayona, how long some of them would last in Middle Earth, and much more!")
⏲ 11:22 👁 530K
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_irs-quietly-changes-the-rule-on-how-your-childrens-inheritance-will-be-taxed.webp "The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.")
_tips-on-spotting-a-scam-and-how-to-get-your-money-back.webp "In light of the rising cost of living crisis, being sure you’re safe from scams is more important than ever and there are a few helpful steps to keep your money, data and private information secure.")
_wall-street39s-most-accurate-analysts39-views-on-3-industrials-stocks-with-over-3-dividend-yields.webp "Benzinga.com readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy.<br/><br/>Here are the ratings of the most accurate analysts for three high-yielding stocks in the industrials sector.")
_inside-a-3646-million-renewable-energy-swindle.webp "Rhino Onward International, or ROI as it called itself, launched in 2022 with some big promises. The renewables development firm claimed that its “proprietary process and technology” put it in position “to assume the leading role in Green Hydrogen production.” The company said it was building a green hydrogen plant in Arizona that would be worth about $530 million within 5 years, according to marketing materials it shared with investors.<br/><br/>ROI raised $31 million from over 200 investors but apparently only invested $200,000 in the business; the firm’s promoters Paul Croft and J.D. Frost diverted the rest of the investors’ money to themselves and entities they control, according to an investor lawsuit filed in Illinois last month, which cited bank records obtained through subpoenas. Beginning in 2021 until last year, Croft, a 42-year-old entrepreneur living in Chicago, and Frost, a 40-year-old accountant based in Chattanooga, Tennessee, raised approximately $46 million from a series of phony renewables investment schemes, which the pair used to live extravagantly, pay employees at their tax advisory business, pay down short-term loans and even lend money to embattled professional hockey player Robin Lehner, according to allegations in lawsuits, bankruptcy filings, former investors and ex-employees of Croft’s and Frost’s businesses who spoke with Forbes on the record, and others with knowledge of the matter who spoke on the condition of anonymity in order to speak about sensitive information.<br/><br/>0:00 Introduction<br/>0:28 The Founding Of Rhino Onward International<br/>3:34 Who Was Scammed By Croft And Frost?<br/>6:11 Who Are Croft And Frost?<br/>9:21 When Did Investors Figure Out The Scam?<br/>12:17 Embellishing Wealth And Origin Stories<br/>14:26 What's Next?<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/johnhyatt/2024/04/23/anatomy-of-a-46-million-renewable-energy-swindle/?sh=767c07c23c4b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_how-to-cut-working-from-home-costs.webp "With many of us now working from home for at least part of the week, we highlight the simple steps you can follow to save money when working from home and save around £300")
_did-elon-musk39s-surprise-china-mission-pay-off-tesla-reportedly-inks-fsd-deal-with-internet-giant-baidu.webp "The report comes on the heels of Tesla CEO Elon Musk‘s unannounced trip to China over the weekend, fueling speculation about FSD’s rollout in the country.<br/><br/>Why It Matters: During Tesla’s recent earnings call, Musk expressed his desire to launch FSD in new markets, including China, pending regulatory approval.")
_top-10-hollywood-gambles-that-paid-off-big-time.webp "It's worth taking a chance sometimes! Welcome to WatchMojo, and today we’re counting down our picks for movie production decisions that were risky on a logistical, creative or financial level - but which ended up with critical and/or monetary success. Spoiler Alert!")
_trump-faces-contempt-charges-threat-of-jail-looms-over-violation-of-gag-order.webp "We have an update on the hush money trial involving former President Donald Trump. The judge presiding over the case has held Trump in criminal contempt for violating a gag order. This order prohibited Trump from making any attacks on jurors and witnesses. The judge ruled that Trump had violated the order nine times, and as a result, he imposed a fine of $1,000 for each violation. However, he went even further and warned Trump that if he continues to violate the order, he could face even harsher consequences. He explicitly stated that Trump could be jailed for further violations and emphasized the seriousness of these violations, making it clear that he will not tolerate any more disobedience from the former president. This case continues to garner attention and will undoubtedly have significant implications for the future of Trump's legal battles. We will keep you updated on any further developments in this trial, on Fan Reviews News.")
_trees-that-falls-into-your-neighbor39s-boundaries-who-is-responsible.webp "Whose Insurance Pays and how to be a good neighbor when your tree drops by uninvited?")
_reasons-why-a-pension-lump-sum-is-better-than-an-annuity-payment.webp "Lump sum or annuity payments? Single-life benefits or joint-and-survivor benefits? Once you explore the risks and hidden costs, the right pension answer for you could come down to control.")
_fed39s-key-inflation-indicator-hits-2-8-dashes-rate-cut-hopes-traders-on-alert.webp "The Federal Reserve’s preferred measure of inflation – the Personal Consumption Expenditure (PCE) price index – rose more than expected in March, confirming concerning signs of a resurgence in inflationary pressures in the first quarter of the year.<br/><br/>The higher-than-expected PCE report serves as a stark reality check for traders, further postponing expectations of a Federal Reserve rate cut that had already been dwindling in recent weeks.")
_39the-lord-of-the-rings-the-rings-of-power39-cast-interview.webp "CinemaBlend discusses “The Lord of the Rings: Rings of Power” with the cast including Morfydd Clark, Trystan Gravelle, Charlie Vickers, Lloyd Owen, Maxim Baldry, Ema Horvath, Leon Wadham, Ismael Cruz Córdova, Benjamin Walker, Nazanin Boniadi, and Tyroe Muhafidin. Watch as Sean O’Connell gets their reaction to hearing their show will screen in theatres, working with J.A. Bayona, how long some of them would last in Middle Earth, and much more!")
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