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Brian Portnoy, found of Shaping Wealth, joins TheStreet to discuss how to handle saving for the future vs. paying off debt now.

How to balance saving vs. paying off debt

⏲ 3:8 👁 29.3M

The And Asset

Ranking The Top 10 Infinite Banking Companies of 2024! (In Order)

⏲ 15 minutes 12 seconds 👁 552

The And Asset

The Essential Guide to Whole Life Insurance for Ages 55+

⏲ 1 hour 14 minutes 30 seconds 👁 661

NOAA Issues Rare , Warning Following Powerful , Solar Event.<br/>CBS reports that a severe G4 geomagnetic storm <br/>headed towards Earth has triggered a rare warning <br/>from NOAA officials for the first time in two decades.<br/>The warning comes following days of solar activity <br/>that sent several waves of plasma in Earth's <br/>direction along with powerful magnetic fields.<br/>G4 storms are the second-strongest <br/>type of geomagnetic storms and can <br/>cause widespread voltage problems. .<br/>NOAA warns that they can also cause some <br/>protective assets to \

NOAA Issues Rare Warning Following Powerful Solar Event

⏲ 1:31 👁 115.7M

The And Asset

Reviewing Our Favorite Life Insurance Company’s for Infinite Banking in 2024

⏲ 52 minutes 12 seconds 👁 2.5K

The And Asset

Revealing Jim Harbaugh's Surprising Contract with Michigan Football

⏲ 10 minutes 49 seconds 👁 1.8K

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 👁 1.7M

The And Asset

Stop Falling for These Dividend Rate Lies in Whole Life Insurance

⏲ 20 minutes 33 seconds 👁 360

The And Asset

WARNING: How These Life Insurance MLMs Are Scamming You!

⏲ 16 minutes 44 seconds 👁 6K

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 👁 2.3M

The And Asset

The Best (And Worst) Life Insurance Companies To Use For Infinite Banking

⏲ 12 minutes 41 seconds 👁 2.2K

The And Asset

I Used Life Insurance To Invest In Real Estate | The Mind-Blowing Results

⏲ 20 minutes 59 seconds 👁 1K

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