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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.
IRS Quietly Changes The Rule On How Your Children’s Inheritance Will Be Taxed
⏲ 1:29 👁 8.3M
Lily Campbell, Realtor
18290 Santa Carlotta Street, Fountain Valley | Lily Campbell
⏲ 5 seconds 👁 91
Lily Campbell, Realtor
10915 El Coco Circle, Fountain Valley | Lily Campbell
⏲ 2 minutes 4 seconds 👁 317
Meet the 22-year-old who put her legal career on hold to raise her two siblings as well as her own baby - after her mother's sudden death.<br/><br/>Nicole-Jade Campbell had her world tipped upside down after her mum, Tammy Campbell, suddenly died at just 42.<br/><br/>But she immediately stepped up to care for her teenagers brothers Rocky and Leo Price, 16 and 14 - despite being a mum to her five-month-old daughter.<br/><br/>She took them in with her partner, Daniel Ambrus, 30, a security guard, at their home in Skegness, Lincolnshire.<br/><br/>She has even put a halt on pursuing a career in law to focus on providing for her family. <br/><br/>Nicole, a customer assistant, said: \
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⏲ 1:5 👁 2.1M
Lily Campbell, Realtor
16073 Redwood Street, Fountain Valley | Lily Campbell
⏲ 6 minutes 15 seconds 👁 111
Lily Campbell, Realtor
10706 Camino Real, Fountain Valley | Lily Campbell
⏲ 1 minute 42 seconds 👁 292
Margot Robbie , Following Success of 'Barbie' , With 'Monopoly' Movie.<br/>NBC reports that Margot Robbie will soon bring <br/>the iconic game 'Monopoly' to the big-screen. .<br/>NBC reports that Margot Robbie will soon bring <br/>the iconic game 'Monopoly' to the big-screen. .<br/>Her company, LuckChap, is producing a live-action film <br/>based on the iconic real estate-focused board game <br/>along with the game's owner, Hasbro Entertainment.<br/>Her company, LuckChap, is producing a live-action film <br/>based on the iconic real estate-focused board game <br/>along with the game's owner, Hasbro Entertainment.<br/>The game is available in over 100 countries <br/>and has sold almost half-a-billion copies <br/>since its release in 1935.<br/>LuckyChap attained blockbuster success with <br/>'Barbie,' which became the highest-grossing <br/>movie of 2023, raking in $1.4 billion globally.<br/>I could not imagine a better production <br/>team for this beloved and iconic brand <br/>than LuckyChap. They are exceptional <br/>producers who choose their projects <br/>with great thought and care, and join <br/>Monopoly with a clear point of view. , Adam Fogelson, Lionsgate Motion Picture Group chair, via NBC.<br/>We are tremendously excited <br/>to be working with the entire <br/>LuckyChap team on what we all <br/>believe can be their next blockbuster, Adam Fogelson, Lionsgate Motion Picture Group chair, via NBC.<br/>Both LuckyChap and Hasbro <br/>released statements expressing their <br/>excitement for the upcoming project.<br/>Monopoly is a top property — <br/>pun fully intended. Like all of the<br/>best IP, this game has resonated <br/>worldwide for generations, and we <br/>are so excited to bring this game to <br/>life alongside the wonderful teams <br/>involved at Lionsgate and Hasbro, LuckyChap statement, via NBC.<br/>Monopoly is a top property — <br/>pun fully intended. Like all of the<br/>best IP, this game has resonated <br/>worldwide for generations, and we <br/>are so excited to bring this game to <br/>life alongside the wonderful teams <br/>involved at Lionsgate and Hasbro, LuckyChap statement, via NBC.<br/>As one of the most iconic games <br/>in the world, Monopoly provides <br/>an incredible platform for <br/>storytelling opportunities, Zev Foreman, Hasbro Entertainment’s head of film, via NBC.<br/>NBC reports that it remains unclear how the <br/>filmmakers will weave a narrative around <br/>the two-dimensional world of the board game. .<br/>NBC reports that it remains unclear how the <br/>filmmakers will weave a narrative around <br/>the two-dimensional world of the board game.
Margot Robbie Following Success of 'Barbie' With 'Monopoly' Movie
⏲ 1:31 👁 9.5M
Lily Campbell, Realtor
5201 Tasman Drive, Huntington Beach | Lily Campbell
⏲ 2 minutes 29 seconds 👁 42
Lily Campbell, Realtor
19341 Sailwind Lane, Huntington Beach | Lily Campbell
⏲ 2 minutes 18 seconds 👁 108
A toddler born with a cyst the size of a pineapple under her arm is so heavy her spine has started to curve.<br/><br/>Jessi Campbell, two, was born with an estimated 1kg growth on her left arm, chest and fingers.<br/><br/>She was diagnosed with lymphatic malformation before birth – where lymph vessels form abnormally – and Kippel-Trelauney Syndrome at 11-months-old in July 2022. <br/><br/>The syndrome is a collection of symptoms - port wine stains, varicose veins and hypertrophy which is the extra growth of a limb. <br/><br/>Jessi has had three rounds of sclerotherapy – where a solution is injected into the veins to make the lymph collapse and shrink the cyst - and will continue to have more.<br/><br/>She took longer to walk – due to her balance – and is now struggling with a curved spine due to the weight of her arm. <br/><br/>The weight of her arm changes \
Tot born with 1kg cyst under her arm - so heavy it's making her spine curve
⏲ 0:46 👁 7.5M
Lily Campbell, Realtor
8900 La Dona Court, Fountain Valley | Lily Campbell
⏲ 1 minute 46 seconds 👁 245
Lily Campbell, Realtor
18107 Third St , Fountain Valley | Lily Campbell
⏲ 2 minutes 24 seconds 👁 51
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