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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 👁 18.1M
Az Izz - Topic
⏲ 3 minutes 55 seconds 👁 147
Radhe - The most wanted Bhai | Full Movie HD 4k facts | Salman khan | Disha patani | Randeep<br/>The lead actor, doing justice to the tagline in the title (“Your Most Wanted Bhai”), has the entire film to himself. When Radhe loses his cool, which obviously is pretty frequently, there is no stopping him. The one-man army goes all guns blazing. It is, however, Randeep Hooda, in the guise of a brutal baddie in black, who upstages the rest of the cast, which includes Jackie Shroff in an underwritten comic role of a bumbling Assistant Commissioner of Police who seeks to hide his failings behind a wall of bluster.<br/><br/>Available for on-demand viewing on Zee5 – it would also have hit the multiplexes had the second wave of Covid-19 not shuttered movie halls across India – Radhe deals with an urban epidemic of sorts. Youngsters are dropping dead (or harming themselves grievously) owing to widespread drug addiction. Our man Radhe, an under-suspension police inspector, is hurriedly pulled out of hibernation and entrusted with the task of weeding out the drug dealers who are taking a toll on the nation's future.
⏲ 1:48:45 👁 3.3M
Zen Luo, who is now a menial slave, used to be a young master of a big family, owing to the decline of his family, his sister is imprisoned by a strong force, he has no choice but to be at others’ service. However, Every cloud has a silver lining, The ancient book left by his father actually conceals the magical spell, which can change a human into an instrument! What’s the mysterious power behind all these? This is contest with fate.<br/>
⏲ 20:33 👁 960K
Americans owe over $1 trillion collectively in credit card debt, the Federal Reserve Bank of New York reported Tuesday. The average credit card balance per consumer exceeds $6,000, up 8.5% from the previous year. More borrowers are falling behind on credit card payments, with less than 9% of balances transitioning to delinquency. Serious delinquencies past 90 days reached their highest level since 2010. Younger adults have taken on more debt to cover the rising rent costs, student loans, and auto loans. Credit cards charging an average of 20% interest are typically the most expensive debt.
⏲ 0:40 👁 1.8M
Victoria Justice just shared her reaction to 'Quiet on Set', and said she’s one of many people Dan Schneider owes an apology to.
⏲ 1:11 👁 23M
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 👁 3.8M
President Joe Biden had a near-miss when walking up steps to address the National Peace Officers’ Memorial Service in front of the Capitol Building Wednesday.<br/><br/>The 81-year-old's left toe hit the step, leading to a slight stumble, but the president regained his footing, preventing a bigger spill. <br/><br/>The close call came as the step was marked with yellow and black tape, to show a distinction from the red carpeting on the makeshift stage. <br/><br/>The president has fallen up Air Force One's stairs several times - so much that he now predominantly uses a shorter set of stairs - tripped over a sandbag and fell off his bike during a Rehoboth Beach trip in June 2022. <br/><br/>At the same time, Americans have told pollsters that they worry about Biden's ability to carry out a second term, as he's the country's oldest president in history. <br/><br/>Biden will be 82 on inauguration day 2025 if he beats former President Donald Trump and earns a second term. <br/><br/>He'll turn 86 in the weeks following the 2028 presidential election. <br/><br/>Trump will turn 78 next month and was the country's oldest president to be sworn in when he was inaugurated in January 2017. <br/><br/>A Quinnipiac poll from February found that 67 percent of voters said Biden is too old to serve another term effectively. <br/><br/>In the same poll, 57 percent said the same of Trump. <br/><br/>When voters were asked whether Biden was physically up to the task 62 percent said no, a similar number to the 64 percent who said Biden mentally couldn't handle a second term.<br/><br/>When the same questions were asked of Trump just 37 percent said he wasn't physically up for the job, while 51 percent said Trump wasn't mentally fit enough to serve another term. <br/><br/>During the president's brief remarks Wednesday - dedicated to the families of fallen police officers amid Washington, D.C.'s Police Week - Biden called attention to his losses - son Beau and his first wife Neilia and daughter Naomi. <br/><br/>'I know what it's like,' he said. <br/><br/>'Only one thing that helped: family,' he advised. <br/><br/>He called police officers the 'steel spine' of the country. <br/><br/>'I've unfortunately spoken at too many funerals of too many police officers,' he also said. <br/><br/>He pointed to recent visits with fallen officers' family members in Charlotte, North Carolina. <br/><br/>'Every time you put on that shield your family wonders if that call will come,' he said. 'We owe you as a nation.'
⏲ 1:1 👁 20K
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 👁 2.4M
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 👁 1.8M
A family say a disgraced 'no win no fee' law firm is ‘liable’ for a spritely grandad’s death - after he was left footing a £12,000 court bill when it collapsed.<br/>Ian Lofthouse, 74, was one of roughly 1,800 victims saddled with huge unexpected court costs after SSB Law went bust owing £48m worth of debt in January this year.<br/>MPs are set to meet his devastated relatives - along with seven other ex-clients - in parliament on Tuesday (14) to discuss their experiences with the 'cowboy' company. <br/>
⏲ 4:2 👁 1.2M
A family say a disgraced 'no win no fee' law firm is ‘liable’ for a spritely grandad’s death - after he was left footing a £12,000 court bill when it collapsed.<br/><br/>Ian Lofthouse, 74, was one of roughly 1,800 victims saddled with huge unexpected court costs after SSB Law went bust owing £48m worth of debt in January this year.<br/><br/>MPs are set to meet his devastated relatives - along with seven other ex-clients - in parliament on Tuesday (14) to discuss their experiences with the 'cowboy' company. <br/><br/>But his grieving widow Katrina, 71, said SSB Law had acted \
⏲ 4:2 👁 16.2M
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