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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 👁 18.1M

CNBC Television

IBM misses on revenue, beats on EPS and margins

⏲ 1 minute 23 seconds 👁 879

CNBC Television

IBM reports mixed quarter, withdraws 2020 guidance in response to pandemic

⏲ 1 minute 12 seconds 👁 782

Applied Materials (AMAT) posted second quarter earnings per share of $2.09, coming in $0.10 above estimates, as well as revenue of $6.65 billion, topping the estimated $6.52 billion. Yahoo Finance Hosts Josh Lipton and Julie Hyman and Futurum Chief Market Strategist Cory Johnson discuss the company's earnings and what they mean for the artificial intelligence race. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl<br/>

What Applied Materials' Q2 earnings mean for chip industry

⏲ 4:5 👁 1.1M

AlphaStreet

IBM Stock | IBM Corporation Q2 2020 Earnings Conference Call

⏲ 1 hour 13 minutes 11 seconds 👁 72

Vox Markets

The Exchange with Neil Shah

⏲ 1 hour 18 minutes 31 seconds 👁 385

In an industry marked by fragmented, “one note” identity theft point solutions, Aura is blazing a trail by developing the first and only unified, integrated cybersecurity platform that provides bottom-to-top protection for employers and employees. Led by our best-in-class cybertheft protection tool – Identity Guard – our unparalleled suite of solutions empowers employees to take control of their identity and data privacy. In this webinar, we'll discuss:nn- Opportunities for you to genera

Meet Aura_ Revitalizing Cyber Wellness Benefits Through the Digital Halo

⏲ 27 min 11 sec ✓ 14-Feb-2020

The Ultimate Expedition

Clint Eastwood Finally Confirmed What We Thought All Along

⏲ 33 minutes 31 seconds 👁 19.6K

Logically Answered

Here’s How Powerful IBM Really Is

⏲ 13 minutes 37 seconds 👁 58K

Meet The Greek Shipping Billionaires Getting Rich Off Russian Oil

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Schwab Network

IBM Is Not Growing Much, Will A.I. Help?

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The Dispatch Podcasts

How Politicians are Ruining Our Economy w Ryan Bourne | The Remnant with Jonah Goldberg

⏲ 1 hour 18 minutes 35 seconds 👁 199

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