_irs-quietly-changes-the-rule-on-how-your-childrens-inheritance-will-be-taxed.jpg "IRS Quietly Changes The Rule On How Your Children’s Inheritance Will Be Taxed from bat conservation trust Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 1:29
👁 View: 14.8M times
✓ Published: 07-May-2024
👁 View: 14.8M times
✓ Published: 07-May-2024
Description:
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.
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.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_don39t-rip-up-campaign-kit-stoner-ceo.webp "Bat Conservation Trust")
_shaitaan---full-hd-movie---ajay-devgn-r-madhavan-jyotika---thriller-movie.webp "‘Shaitaan’ movie review: R Madhavan makes the mean monster shine opposite Ajay Devgn in this horror show.<br/>Backed by a poignant premise and powerful performances, director Vikas Bahl generates some genuine moments in eerie situations but surprisingly shows a straight bat in the slog overs.<br/>The film is a remake of the Gujarati horror film Vash (2023). Janki Bodiwala reprises her role from the original here. Kabir (Ajay Devgn) and Jyoti (Jyotika), along with their teenage daughter Jahnvi (Janki Bodiwala), and son Dhruv (Anngad Raaj) drive away to their remote farmhouse to spend some quality time. Their tranquillity shatters when a stranger. Vanraj Kashyap (R Madhavan), enters their world. He somehow takes complete control of Jyoti’s will and makes her a slave of sorts. She harms herself, almost kills her brother, slaps her father and fights with her mother. All this is brought out in visceral detail. The viewer is spared nothing. Kabir and Jyoti try vainly to get Janhvi to listen to them but to no avail. Things keep escalating. Vanraj wants to take away Janhvi but he would only do so with their explicit permission. We learn that he’s an evil tantrik who wants to take over the world. And must sacrifice a bevy of girls to do so. He succeeds in luring Janhvi away and now it’s up to Kabir to save her and other girls from being killed.<br/><br/>The film starts with a disclaimer that the film isn’t propagating superstition and then proceeds to do so for the next two hours. Vanraj equates himself to God, claims he can control anyone if he deems fit and indulges in the sort of mumbo jumbo even street magicians will steer clear off. The climax scene, which showcases mass hypnotism, features young girls all eager to throw themselves in a pyre. There’s no backstory as to why he’s become this instrument of evil. He’s made to spout some nonsense about controlling the life of everyone in the world and we’re supposed to believe that.<br/><br/>Ajay Devgn played a laid-back man who uses his wits to save his family in the Drishyam franchise and kind of steps back into the Drishyam mould again in this film. He’s perfectly cast as the super caring dad who keeps a close watch on his children but gives them ample freedom at the same time. He brings out the helplessness and dedication of a loving father who would do it all to save his world from falling apart perfectly well and looks good in action scenes as well. Jyothika, seen in a Hindi film after aeons, is cast as a caring mother who fights like a wounded lioness when it comes to saving her daughter. Her reactions look totally genuine. She uses her body language and expressive eyes to convey a range of emotions. She shares a good rapport with Ajay Devgn. It’s good to see middle-aged stars being cast together and acting their age. It’s a step in the right direction indeed. Madhavan and Jyothikha have acted in romantic comedies like Dumm Dumm Dumm (2001) and Priyamaana Thozhi (2003) earlier and have a reunion of sorts in Shaitaan. But")
_bats-vs-moths-2021.webp "Bat Conservation Trust")
_bat-conservation.webp "WoodlandsTV")
_all-about-bat-houses.webp "Bat Conservation International")
_bat-identification-course.webp "West Wales Biodiversity")
_podcast-woman-knocked-out-and-left-with-horrific-injuries-in-random-pub-attack.webp "<p>A Rochester woman had to undergo surgery and has been left with a broken nose after an unprovoked attack </a>while on a night out. </p><p>The 42-year-old has lost her sense of smell and taste following the assault - a man who has a history of violence against women has faced court. </p><p>Also in today’s podcast, worried business owners in Medway have been left fearing for their future after seeing customer numbers plummet</a> following a hike in car parking fees.</p><p>They claim footfall has dropped by around a third since the authority decided to increase its pay and display costs for on and off-street parking by 60p earlier this year. </p><p>The parents of a “kind and compassionate” man who died following a severe asthma attack</a> are raising awareness of the condition.</p><p>Dad-of-two Gary Bush was putting his young children to bed when he suffered the attack – this World Asthma Day his parents are urging people with the condition to find support. </p><p>One of the last remaining businesses in a closure-hit shopping centre extension says turning the site into 200 homes</a> could be a good opportunity.</p><p>It comes as the owners of Ashford’s County Square admit the development is “failing” and could be put to better use. </p><p>And you can hear from wildlife bosses as a significantly important area of marshland in Kent has been officially handed over to the Kent Wildlife Trust.</a></p><p>The site near Faversham has been described as a “service station for birds” and is home to more than 250 species. </p>")
_what-is-the-bat-conservation-trust-and-what-do-they-do.webp "The Biodiversity Podcast by Teasels")
Related Video Searches
Back to Search
Search Videos
Recent Searches
×
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
_don39t-rip-up-campaign-kit-stoner-ceo.jpg)
_shaitaan---full-hd-movie---ajay-devgn-r-madhavan-jyotika---thriller-movie.jpg)
_bats-vs-moths-2021.jpg)
_bat-conservation.jpg)
_all-about-bat-houses.jpg)
_bat-identification-course.jpg)
_podcast-woman-knocked-out-and-left-with-horrific-injuries-in-random-pub-attack.jpg)
_what-is-the-bat-conservation-trust-and-what-do-they-do.jpg)
❮❯
1 / 10
2 / 10
Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
3 / 10
4 / 10
5 / 10
6 / 10
7 / 10
8 / 10
9 / 10
10 / 10
![[+]](/images/menu.gif){kind=small}