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IRS Quietly Changes The Rule On How Your Children’s Inheritance Will Be Taxed
⏲ 1:29 👁 3.8M
Understanding Whole Life Insurance: Cash Value vs. Death Benefit Explained
⏲ 5 minutes 29 seconds 👁 1.6K
6 Powerful Ways to Use Your Taxable Account in Retirement
⏲ 13 minutes 30 seconds 👁 21.3K
Relaxing Music And Cute Rabbit HD
⏲ 1:56:52 👁 25K
Cash Out My Whole Life Policy?
⏲ 7 minutes 51 seconds 👁 34.3K
Will beneficiaries get taxed on their inheritance?
⏲ 4 minutes 22 seconds 👁 17.4K
Reasons Why A Pension Lump Sum Is Better Than An Annuity Payment
⏲ 2:29 👁 2M
I was wrong about Whole Life Insurance...
⏲ 21 minutes 56 seconds 👁 25.2K
Should you buy Cash Value Life Insurance for your Kids?
⏲ 13 minutes 41 seconds 👁 5.8K
IRS Quietly Changes The Rule On How Your Children’s Inheritance Will Be Taxed
⏲ 1:29 👁 1.8M
4 types of income not taxed in retirement. | FinTips
⏲ 8 minutes 35 seconds 👁 532.7K
What is the Difference Between Term, Whole Life and Universal Life?
⏲ 14 minutes 29 seconds 👁 14.5K
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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.")
_understanding-whole-life-insurance-cash-value-vs-death-benefit-explained.webp "Tier 1 Capital")
_6-powerful-ways-to-use-your-taxable-account-in-retirement.webp "Safeguard Wealth Management")
_relaxing-music-and-cute-rabbit-hd.webp "The fusion of adorable bunny videos and tranquil piano melodies offers a serene retreat from the chaos of daily life. The title \")
_cash-out-my-whole-life-policy.webp "The Ramsey Show Highlights")
_will-beneficiaries-get-taxed-on-their-inheritance.webp "CMS Law Firm LLC")
_reasons-why-a-pension-lump-sum-is-better-than-an-annuity-payment.webp "Lump sum or annuity payments? Single-life benefits or joint-and-survivor benefits? Once you explore the risks and hidden costs, the right pension answer for you could come down to control.")
_i-was-wrong-about-whole-life-insurance.webp "Cash Value Life Insurance Reviews")
_should-you-buy-cash-value-life-insurance-for-your-kids.webp "Cash Value Life Insurance Reviews")
_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.")
_4-types-of-income-not-taxed-in-retirement-124-fintips.webp "Jazz Wealth Managers")
_what-is-the-difference-between-term-whole-life-and-universal-life.webp "Doug Andrew - 3 Dimensional Wealth")
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