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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.")
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_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?")
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_alonso-urges-leverkusen-not-to-focus-on-48-game-unbeaten-run.jpg "Bayer Leverkusen's Xabi Alonso has urged players to just focus on the next game despite 48-game unbeaten run")
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_tips-on-saving-for-a-mortgage-deposit.jpg "Saving a deposit for a mortgage can be the biggest hurdle to buying a home. Our top tips could help you speed up the process.")
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_5-fuel-saving-tips-124-the-money-edit.jpg "5 Fuel Saving Tips")
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_how-should-entrepreneurs-incorporate-ai-into-their-businesses-.jpg "AI has had a number of transformative effect on people and businesses, but how do you use AI safely in your small business? This panel of industry insiders at Imagination In Action’s ‘Forging the Future of Business with AI’ Summit breaks how entrepreneurs can be realistic about how they can use AI to grow their business and help customers. <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.")
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_is-an-rv-retirement-lifestyle-really-cheaper-than-a-house.jpg "RV-savvy retirees talk about the downsides of spending retirement in a motorhome, travel trailer, fifth wheel or other recreational vehicle.")
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_elvish-yadav-snake-venom-case-ed.jpg "Elvish Yadav lands in trouble again, ED registers money laundering case against him. ED has registered a money laundering case against him and the probe agency will reportedly investigate expensive cars owned by him. <br/> <br/>#ElvishYadav #ElvishEDCase #Elvishjail <br/><br/>~PR.126~ED.141~")
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_ways-to-reduce-food-waste-to-save-money.jpg "Cut back on food waste to save money on your grocery bill with our top tips.")
⏲ 2:48 👁 4.6M
_breaking-news-trump-rails-about-gag-order-judge-before-hearing-in-nyc-hush-money-trial.jpg "Former President Trump speaks to reporters before a hearing in his NYC hush money trial.")
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_what-has-been-the-biggest-waste-of-public-money-in-sheffield.jpg "We asked people what has been the biggest waste of public money in Sheffield")
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_10-top-tips-for-cheaper-van-insurance-124-the-money-edit.jpg "10 Top Tips For Cheaper Van Insurance")
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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.")
_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?")
_alonso-urges-leverkusen-not-to-focus-on-48-game-unbeaten-run.webp "Bayer Leverkusen's Xabi Alonso has urged players to just focus on the next game despite 48-game unbeaten run")
_tips-on-saving-for-a-mortgage-deposit.webp "Saving a deposit for a mortgage can be the biggest hurdle to buying a home. Our top tips could help you speed up the process.")
_5-fuel-saving-tips-124-the-money-edit.webp "5 Fuel Saving Tips")
_how-should-entrepreneurs-incorporate-ai-into-their-businesses-.webp "AI has had a number of transformative effect on people and businesses, but how do you use AI safely in your small business? This panel of industry insiders at Imagination In Action’s ‘Forging the Future of Business with AI’ Summit breaks how entrepreneurs can be realistic about how they can use AI to grow their business and help customers. <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.")
_is-an-rv-retirement-lifestyle-really-cheaper-than-a-house.webp "RV-savvy retirees talk about the downsides of spending retirement in a motorhome, travel trailer, fifth wheel or other recreational vehicle.")
_elvish-yadav-snake-venom-case-ed.webp "Elvish Yadav lands in trouble again, ED registers money laundering case against him. ED has registered a money laundering case against him and the probe agency will reportedly investigate expensive cars owned by him. <br/> <br/>#ElvishYadav #ElvishEDCase #Elvishjail <br/><br/>~PR.126~ED.141~")
_ways-to-reduce-food-waste-to-save-money.webp "Cut back on food waste to save money on your grocery bill with our top tips.")
_breaking-news-trump-rails-about-gag-order-judge-before-hearing-in-nyc-hush-money-trial.webp "Former President Trump speaks to reporters before a hearing in his NYC hush money trial.")
_what-has-been-the-biggest-waste-of-public-money-in-sheffield.webp "We asked people what has been the biggest waste of public money in Sheffield")
_10-top-tips-for-cheaper-van-insurance-124-the-money-edit.webp "10 Top Tips For Cheaper Van Insurance")
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