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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 👁 30.4M

Dividend Gains

Coca-Cola Stock Analysis | Should KO Stock Be In Your Dividend Stock Portfolio?

⏲ 11 minutes 35 seconds 👁 1.1K

Simply Wall St

Can Coca-Cola (NYSE:KO) Keep Up The Dividend Increases?

⏲ 3 minutes 33 seconds 👁 1.4K

The physical redevelopment project for the Kuala Lumpur Sentral area to address traffic congestion and increasing commuter use will start by the end of 2024, says Anthony Loke.<br/><br/>The Transport Minister said negotiations over the redevelopment plans under the Public-Private Partnership Unit (Ukas) were still ongoing.<br/><br/>He said in a press conference after launching the opening of Menara Sentral Railway Assets Corporation (RAC) , Kuala Lumpur on Friday (May 10). <br/><br/>Read more at https://shorturl.at/HPV01<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline<br/>

KL Sentral redevelopment project to commence end-2024, says Loke

⏲ 5:35 👁 9.7M

Longacres Finance

Top 30 Dividend Growth Stocks

⏲ 11 minutes 21 seconds 👁 1.6K

Antonio Invests

How Many Shares Of Stock To Make $1000 A Month? | The Coca-Cola Company (KO)

⏲ 12 minutes 3 seconds 👁 4.6K

Moscow's Mayor Sobyanin revealed a Ukrainian attempt to attack with a drone, intercepted near the city. No harm was reported. An air raid alert was sounded in Belgorod following an earlier attack, with Kursk also on alert. The Russian Defense Ministry hasn't provided full details. This reflects the escalating tensions amid increased drone and artillery attacks on Russia by Ukraine. <br/> <br/>#Moscownews#Moscow #Moscowattack #DroneAttack #Ukrainenews #Belgorod #RussianDefenseMinistry #MoscowDroneAttack#RussiaUkraine #Putin #news #Oneinda #Oneindia news

Moscow Attacked: Putin's Response Imminent After Russian Capital Rocked By Ukraine's Drone Attacks

⏲ 3:30 👁 5.7M

Dividend Talks

Are You Buying The WRONG Stock?!

⏲ 17 minutes 35 seconds 👁 3.9K

Frog Finance

Dividend Analysis: Coca-Cola Company-KO

⏲ 5 minutes 44 seconds 👁 96

PBBM recommends promotion of PH gastronomy tourism;<br/> <br/>Jeepney scraps increase with inevitability of PUVMP implementation;<br/> <br/>3 PTV reporters receive recognition for WPS coverage<br/> <br/>

PBBM recommends promotion of PH gastronomy tourism

⏲ 1:58 👁 2.1M

Fair Value for Coca-Cola (KO) - Iconic Brand, Pricey Stock - Buy This Dividend King?

⏲ 14 minutes 40 seconds 👁 4.2K

Dividend Bull

Is PSEC a Good Dividend Stock? (9%+ Yield, Monthly Dividends)

⏲ 9 minutes 9 seconds 👁 12.3K

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