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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 👁 4.4M
Outlook’s Zaina Azhar Sayeda in conversation with SP's Sambhal candidate Zia Ur Rahman who will be contesting for Lok Sabha elections for the first time.<br/><br/>He says the pressing issues at hand are the rising cost of living, the everyday challenges faced by ordinary people, and the commitments made regarding job opportunities for the young generation. With support from diverse groups, they’re standing firm against these issues.<br/><br/>Follow us:<br/>Website: https://www.outlookindia.com/<br/>Facebook: https://www.facebook.com/Outlookindia<br/>Instagram: https://www.instagram.com/outlookindia/<br/>X: https://twitter.com/Outlookindia<br/>Whatsapp: https://whatsapp.com/channel/0029VaNrF3v0AgWLA6OnJH0R<br/>Youtube: https://www.youtube.com/@OutlookMagazine<br/>Dailymotion: https://www.dailymotion.com/outlookindia<br/><br/>#LokSabhaElections #UttarPradesh #Sambhal #Elections2024 #SP #ReportersGuarantee<br/>
⏲ 1:10 👁 1.7M
Citi's chief U.S. economist Andrew Hollenhorst predicts a \
⏲ 0:39 👁 400K
Madness ensues when a 'Player' in the world of romantic relationships finds a girl who's a worthy opponent. Tu Jhoothi Main Makkaar is a film that believes Love is a battle of wits.<br/>Mickey, a carefree businessman and womaniser, helps couples break up. However, things change for him when he falls for Tinni, a witty and beautiful chartered accountant.<br/>Cast: Ranbir Kapoor, Shraddha Kapoor, Anubhav Singh Bassi, Dimple Kapadia, Boney Kapoor<br/><br/>In a normal universe, Tu Jhoothi Main Makkaar is about a ‘boy’ and a ‘girl’ who fall in love only to realize that they want different things from life. Breaking up is a problem because they’re not Gen Z enough to ghost each other. At most, they hang around in the relationship until the love dissipates. Anything to not have “the talk”. In this normal universe, the film is certainly not called Tu Jhoothi Main Makkaar, or anything on the lines of Sonu Ke Titu Ki Pyaar Ka Punchnama. But in Luv Ranjan’s universe, this same story is a bitter battle of sexes between a good-looking boy and a gorgeous girl who tries to leave him because – horror of horrors – she likes her independence and his family is too overbearing.<br/><br/>You can’t say Ranjan isn’t trying. If anything, this is him reacting to the criticism – that is, the (correct) accusations of casual misogyny bubble-wrapped in crowd-pleasing comedy – of his previous movies. You see, the women in those movies (Pyaar Ka Punchnama, Sonu Ke Titu Ki Sweety) were scheming, conniving caricatures who forced their boyfriends to choose between bromance and romance. Love was a messy war of ownership. But here, the conflict is centered on the woman’s inability to be cruel and manipulative; she is too evolved to be the quintessential Luv Ranjan heroine. (Coincidentally, actress Shraddha Kapoor’s breakout film, from 2011, was called Luv Ka The End). Her Nisha in this film is so nice that, rather than force poor Rohan (Ranbir Kapoor) to choose between his family and her, she attempts to do the nobler thing: Gaslight him into believing he’s the issue. Nisha would rather have Rohan reject her than the other way around. You see, her dishonesty is merely an expression of compassion. This is Luv Ranjan being progressive.<br/><br/>Never mind that Rohan, like his Kartik Aaryan-esque predecessors, decides to turn her predicament into a game. At stake is the incorruptible Indian idea of marrying not just the person, but also the family. In the pink corner lies Rohan’s courage to go from cold Casanova to heartbreaking martyr, and his pride of being a Momma’s Boy. In the blue corner lies Nisha’s reluctance to sacrifice her own ambitions at the altar of Rohan’s Barjatya-shaped love. There can be only one winner. At one point, he subjects Nisha to a sexist rant about women and jobs – except that he’s only pretending to be a horrible man. He’s pretending to be a Kabir Singh so that nobody blames her. For a moment, I was almost impressed by Luv Ranjan’s self-awareness to use toxic masculinity as a smokescreen.
⏲ 2:39:15 👁 790K
A small community on WA's south coast is bracing for the loss of more than 300 jobs, following news a local nickel mine will close. Nickel mining is well known as a boom and bust industry but Hopetoun residents say they've survived mine closures before, and will once again band together.
⏲ 1:48 👁 2.6M
China saw a 28% increase in domestic tourism during the 5-day May Day holiday period compared to 2019. However, total tourism revenue was up only 13.% compared to 2019 due to travelers spending less per trip, with average spending down 6%. Weakening economic growth, job prospects, and the real estate downturn have made Chinese consumers more cautious in their spending. Retail sales growth slowed to just over 3% in March while consumer price inflation was a mild 0.1%, reflecting soft consumer demand.
⏲ 0:36 👁 350K
Young Sheldon 7x12 A New Home and A Traditional Texas Torture - Next on Season 7 Episode 12 - Promo Trailer HD- Plot synopsis: George Sr. gets an exciting job offer, and Sheldon prepares for his move to California.
⏲ 0:21 👁 3.5M
Leave it behind, move it to your new job’s plan, or roll it over to an IRA. Each of the options has pros and cons.
⏲ 2:8 👁 820K
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