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_for-the-2024-porsche-macan-turbo-ev-39performance-is-luxury39-124-forbes.jpg "The Macan has been Porsche’s best-selling model for almost a decade now. A sporty crossover that combines both the style and feel of the company’s sports cars with some of the practicality of the bigger Cayenne SUV. But for 2024 there’s a whole new type of Macan.<br/><br/>Calvin Kim, Product Spokesperson for Porsche North America, takes Forbes on a tour of the all-new, fully-electric Macan EV at the 2024 New York International Auto Show.<br/><br/>For Porsche, “performance is luxury,” and the Macan EV will be a scorcher, with 402 or 630 horsepower depending on the model. It will charge quickly thanks to its 800-volt architecture, which the automaker claims can go from 10 to 80% in just 21 minutes on a DC fast charger. The Macan EV rides a whole different platform than its gas-powered sibling and will ultimately replace that vehicle, but it will have the same kinds of athletic chassis and suspension designs that Macan buyers are familiar with.<br/><br/>Read more on Forbes:<br/>https://www.forbes.com/sites/alexkwanten/2024/03/28/the-10-coolest-cars-from-the-2024-new-york-auto-show/<br/><br/>For more from Scotty Reiss:<br/>https://agirlsguidetocars.com/<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.")
⏲ 2:45 👁 570K
_the-world39s-5-richest-sports-team-owners.jpg "Spending money has never been an issue for Los Angeles Clippers owner Steve Ballmer. In 2014, the former Microsoft CEO bought the NBA team for a then-record $2 billion, a move that was widely seen as an overpay at the time (Forbes had most recently valued the Clippers at $575 million). This January, Ballmer shelled out more than $152 million to extend 32-year-old, All-Star forward Kawhi Leonard’s contract for another three seasons, and he is expected make similar moves with his other aging talents, Paul George, 33, and James Harden, 34. Next year, one of his crowning achievements will come to fruition, when the Clippers move into their new home, the $2 billion Intuit Dome in Inglewood, California.<br/><br/>Despite the enormous bill Ballmer has racked up in a decade of team ownership, it’s barely dented his fortune. The 68-year-old is worth an estimated $121 billion, according to Forbes’ 2024 World’s Billionaires list, up from $80.7 billion in 2023. His 50% year-over-year wealth increase, primarily due to the stellar stock performance of Microsoft, has once again made Ballmer the richest sports team owner in the world.<br/><br/>The top spot was previously held by Mukesh Ambani, who owns the Mumbai Indians cricket team through his publicly traded conglomerate Reliance Industries. (Forbes has adjusted its methodology to exclude teams owned by public companies and, therefore, their shareholders. SoftBank CEO Masayoshi Son, owner of Japanese baseball’s Fukuoka SoftBank Hawks, was left off for the same reason, as well as teams owned by giant private conglomerates, including Red Bull’s Formula 1 team and INEOS’ Manchester United and OGC Nice.)<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/justinbirnbaum/2024/04/05/the-worlds-richest-sports-team-owners-2024/?sh=3d78f3ff309f<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.")
⏲ 3:10 👁 3.5M
_how-much-tom-cruise-made-for-the-original-39top-gun39-versus-how-much-he-made-for-39top-gun-maverick39.jpg "The legacy of \")
⏲ 1:6 👁 6.3M
_video-shows-39poltergeist39-knocking-over-drinks-in-39haunted39-pub.jpg "Video shows a 'poltergeist' - apparently knocking over drinks in one of Britain's most haunted pubs.<br/><br/>CCTV in Cornwall's Jamaica Inn is said to feature its resident spook Jack - a sailor murdered on nearby moorland over a century ago.<br/><br/>His poltergeist is said to haunt the famous boozer - with new video showing a drink being tipped over.<br/><br/>The video features in the third episode of Weird Britain broadcast as the second part of a double bill on Wednesday (April 10) at 11pm on BLAZE (Freeview channel 64).<br/><br/>Pub manager Katy Marriott: “We are very well known for our ghostly goings-on. We have Jack, who resides in the bar. He is quite a mischievous ghost.<br/><br/>''Jack was supposed to be a sailor, and the story goes that he was taken out on to the moors and murdered.''<br/><br/>Jamaica Inn’s paranormal prankster Jack is alleged to move drinks, and he is frequently blamed for spilled pints and smashed glasses.<br/><br/>But recently the CCTV cameras in the bar have caught him in the act, knocking a drinker’s beverage flying from the table.<br/><br/>Katy said: “They were sat at one of the tables in the main bar, very close to where Jack is supposed to sit.<br/><br/>“I have definitely experienced things here that I cannot explain.”<br/><br/>Local legend says that the ghost of Jack has been wandering the ancient inn and nearby moors for well over a century.<br/><br/>Jamaica Inn’s paranormal manager Karin Beasant said: “A lovely barmaid called April, it was a Sunday night, round about half past ten, she was doing the cleaning, as you can see from the footage. <br/><br/>''You see her turn her head because she hears the bar door open but no one enters. <br/><br/>''There was no one left in the bar, and then from another angle, you see the phone that’s on the wall lift up and fly across and drop. <br/><br/>''That scared her… but the staff are so used to things like this. I look at it this way, it’s his idea of fun, of a jest.”<br/><br/>Host of new show Weird Britain, Andy McGrath said “For all we know, these spirits are watching us every day, they’ve picked up on the technology and Jack’s saying ‘April, I just called to say I love you!’”<br/><br/>Edd Francis and Paul Cowmeadow of the Weird Britain Paranormal Research Team have certified the historic hotel as a haunted location.<br/><br/>Edd said: “The rich history and multitude of witnesses to paranormal activity at this site going back many, many decades is already compelling enough, but for many believers this new footage really will be the cherry on the cake.”<br/><br/>Paul added: “The footage certainly is very interesting. With such a stunningly preserved old inn, in such a beautiful part of the world, with all the promise of meeting Jack, I can see why the Jamaica Inn is such a popular and loved place, and would thoroughly recommend a visit.”")
⏲ 0:29 👁 1.5M
_star-wars-actors-who-have-tragically-passed-away.jpg "After four decades, three trilogies, a few film spinoffs, and multiple series, the Star Wars machine has employed hundreds of actors, many of whom have passed on. Here are some of the major Star Wars actors who are sadly gone, but will never be forgotten.")
⏲ 11:27 👁 3M
_sneak-peek-at-the-upcoming-episode-of-when-calls-the-heart-124.jpg "Get a glimpse into the next chapter of the heartfelt saga, When Calls the Heart Season 11 Episode 2. Join beloved stars Erin Krakow, Chris McNally, Kevin McGarry, and more as they weave captivating narratives inspired by Janette Oke's cherished novels. Experience the enduring themes of love, courage, and community that continue to enchant audiences. Don't miss a moment – Stream When Calls the Heart Season 11 on Hallmark now!<br/><br/>When Calls the Heart Cast:<br/><br/>Erin Krakow, Chris McNally, Kevin McGarry, Martin Cummins, Jack Wagner, Pascale Hutton and Kavan Smith<br/><br/>Stream When Calls the Heart Season 11 now on Hallmark!")
⏲ 1:0 👁 3.1M
_dark-matter-season-1.jpg "Dark Matter Season 1 Trailer HD - Plot synopsis: DARK MATTER is a sci-fi thriller series based on the blockbuster book by acclaimed, bestselling author Blake Crouch. Hailed as one of the best sci-fi novels of the decade, DARK MATTER is a story about the road not taken. The series follows Jason Dessen (played by Joel Edgerton), a physicist, professor and family man who, one night while walking home on the streets of Chicago, is abducted into an alternate version of his life. Wonder quickly turns to nightmare when he tries to return to his reality amid the mind-bending landscape of lives he could have lived. In this labyrinth of realities, he embarks on a harrowing journey to get back to his true family and save them from the most terrifying, unbeatable foe imaginable: himself.<br/><br/> <br/><br/>directed by Jakob Verbruggen (premiere episodes)<br/><br/>starring Joel Edgerton, Jennifer Connelly, Alice Braga, Jimmi Simpson, Dayo Okeniyi, Oakes Fegley<br/><br/>release date May 8, 2024 (on Apple TV Plus)")
⏲ 2:51 👁 655K
_the-unwanted-mate-episode-35-dailymotion-sanmay-reel-short-tv-movie-124.jpg "The Unwanted Mate - episode 35 - dailymotion SanMay reel short tv movie")
⏲ 1:29 👁 885K
_the-all-new-volkswagen-passat-design-preview-reef-blue-metallic.jpg "A class of its own. The Volkswagen Passat is a global bestseller. To date, more than 34 million units have been delivered to almost every country in the world. An ongoing success – even five decades after its debut, the Passat is currently one of the three best-selling Volkswagens internationally alongside the Tiguan and Polo (with their derivatives). In Europe, it has always been a steady long-term seller, especially as the Variant. Since 2022, Volkswagen has therefore exclusively offered the Passat as an estate version between the North Cape and Gibraltar. And with resounding success. In Germany, for example, the Passat Variant was topped the rankings in the mid-sized class in 2023, with 45,494 new registrations. The secret to its success is the fact that the Passat Variant is two cars in one – a business class vehicle and a family all-rounder at the same time. Now, a brand-new Passat Variant is being launched that has been developed from scratch. And this time, it is breaking down class boundaries. Even though the Passat Variant – now in its ninth generation – is priced (from 39,995 euros) in the mid-sized class, its new size, new quality standard and new innovative power mean it can cater to the next segment up.")
⏲ 3:0 👁 2.4M
_the-unwanted-mate-episode-32-dailymotion-sanmay-reel-short-tv-movie-124.jpg "The Unwanted Mate - episode 32 - dailymotion SanMay reel short tv movie")
⏲ 0:57 👁 560K
_the-unwanted-mate-episode-29-dailymotion-xtube-reel-short-tv-movie-124.jpg "The Unwanted Mate - episode 29 - dailymotion xtube reel short tv movie")
⏲ 0:59 👁 735K
_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.")
⏲ 1:29 👁 3.8M
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_for-the-2024-porsche-macan-turbo-ev-39performance-is-luxury39-124-forbes.webp "The Macan has been Porsche’s best-selling model for almost a decade now. A sporty crossover that combines both the style and feel of the company’s sports cars with some of the practicality of the bigger Cayenne SUV. But for 2024 there’s a whole new type of Macan.<br/><br/>Calvin Kim, Product Spokesperson for Porsche North America, takes Forbes on a tour of the all-new, fully-electric Macan EV at the 2024 New York International Auto Show.<br/><br/>For Porsche, “performance is luxury,” and the Macan EV will be a scorcher, with 402 or 630 horsepower depending on the model. It will charge quickly thanks to its 800-volt architecture, which the automaker claims can go from 10 to 80% in just 21 minutes on a DC fast charger. The Macan EV rides a whole different platform than its gas-powered sibling and will ultimately replace that vehicle, but it will have the same kinds of athletic chassis and suspension designs that Macan buyers are familiar with.<br/><br/>Read more on Forbes:<br/>https://www.forbes.com/sites/alexkwanten/2024/03/28/the-10-coolest-cars-from-the-2024-new-york-auto-show/<br/><br/>For more from Scotty Reiss:<br/>https://agirlsguidetocars.com/<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.")
_the-world39s-5-richest-sports-team-owners.webp "Spending money has never been an issue for Los Angeles Clippers owner Steve Ballmer. In 2014, the former Microsoft CEO bought the NBA team for a then-record $2 billion, a move that was widely seen as an overpay at the time (Forbes had most recently valued the Clippers at $575 million). This January, Ballmer shelled out more than $152 million to extend 32-year-old, All-Star forward Kawhi Leonard’s contract for another three seasons, and he is expected make similar moves with his other aging talents, Paul George, 33, and James Harden, 34. Next year, one of his crowning achievements will come to fruition, when the Clippers move into their new home, the $2 billion Intuit Dome in Inglewood, California.<br/><br/>Despite the enormous bill Ballmer has racked up in a decade of team ownership, it’s barely dented his fortune. The 68-year-old is worth an estimated $121 billion, according to Forbes’ 2024 World’s Billionaires list, up from $80.7 billion in 2023. His 50% year-over-year wealth increase, primarily due to the stellar stock performance of Microsoft, has once again made Ballmer the richest sports team owner in the world.<br/><br/>The top spot was previously held by Mukesh Ambani, who owns the Mumbai Indians cricket team through his publicly traded conglomerate Reliance Industries. (Forbes has adjusted its methodology to exclude teams owned by public companies and, therefore, their shareholders. SoftBank CEO Masayoshi Son, owner of Japanese baseball’s Fukuoka SoftBank Hawks, was left off for the same reason, as well as teams owned by giant private conglomerates, including Red Bull’s Formula 1 team and INEOS’ Manchester United and OGC Nice.)<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/justinbirnbaum/2024/04/05/the-worlds-richest-sports-team-owners-2024/?sh=3d78f3ff309f<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.")
_how-much-tom-cruise-made-for-the-original-39top-gun39-versus-how-much-he-made-for-39top-gun-maverick39.webp "The legacy of \")
_video-shows-39poltergeist39-knocking-over-drinks-in-39haunted39-pub.webp "Video shows a 'poltergeist' - apparently knocking over drinks in one of Britain's most haunted pubs.<br/><br/>CCTV in Cornwall's Jamaica Inn is said to feature its resident spook Jack - a sailor murdered on nearby moorland over a century ago.<br/><br/>His poltergeist is said to haunt the famous boozer - with new video showing a drink being tipped over.<br/><br/>The video features in the third episode of Weird Britain broadcast as the second part of a double bill on Wednesday (April 10) at 11pm on BLAZE (Freeview channel 64).<br/><br/>Pub manager Katy Marriott: “We are very well known for our ghostly goings-on. We have Jack, who resides in the bar. He is quite a mischievous ghost.<br/><br/>''Jack was supposed to be a sailor, and the story goes that he was taken out on to the moors and murdered.''<br/><br/>Jamaica Inn’s paranormal prankster Jack is alleged to move drinks, and he is frequently blamed for spilled pints and smashed glasses.<br/><br/>But recently the CCTV cameras in the bar have caught him in the act, knocking a drinker’s beverage flying from the table.<br/><br/>Katy said: “They were sat at one of the tables in the main bar, very close to where Jack is supposed to sit.<br/><br/>“I have definitely experienced things here that I cannot explain.”<br/><br/>Local legend says that the ghost of Jack has been wandering the ancient inn and nearby moors for well over a century.<br/><br/>Jamaica Inn’s paranormal manager Karin Beasant said: “A lovely barmaid called April, it was a Sunday night, round about half past ten, she was doing the cleaning, as you can see from the footage. <br/><br/>''You see her turn her head because she hears the bar door open but no one enters. <br/><br/>''There was no one left in the bar, and then from another angle, you see the phone that’s on the wall lift up and fly across and drop. <br/><br/>''That scared her… but the staff are so used to things like this. I look at it this way, it’s his idea of fun, of a jest.”<br/><br/>Host of new show Weird Britain, Andy McGrath said “For all we know, these spirits are watching us every day, they’ve picked up on the technology and Jack’s saying ‘April, I just called to say I love you!’”<br/><br/>Edd Francis and Paul Cowmeadow of the Weird Britain Paranormal Research Team have certified the historic hotel as a haunted location.<br/><br/>Edd said: “The rich history and multitude of witnesses to paranormal activity at this site going back many, many decades is already compelling enough, but for many believers this new footage really will be the cherry on the cake.”<br/><br/>Paul added: “The footage certainly is very interesting. With such a stunningly preserved old inn, in such a beautiful part of the world, with all the promise of meeting Jack, I can see why the Jamaica Inn is such a popular and loved place, and would thoroughly recommend a visit.”")
_star-wars-actors-who-have-tragically-passed-away.webp "After four decades, three trilogies, a few film spinoffs, and multiple series, the Star Wars machine has employed hundreds of actors, many of whom have passed on. Here are some of the major Star Wars actors who are sadly gone, but will never be forgotten.")
_sneak-peek-at-the-upcoming-episode-of-when-calls-the-heart-124.webp "Get a glimpse into the next chapter of the heartfelt saga, When Calls the Heart Season 11 Episode 2. Join beloved stars Erin Krakow, Chris McNally, Kevin McGarry, and more as they weave captivating narratives inspired by Janette Oke's cherished novels. Experience the enduring themes of love, courage, and community that continue to enchant audiences. Don't miss a moment – Stream When Calls the Heart Season 11 on Hallmark now!<br/><br/>When Calls the Heart Cast:<br/><br/>Erin Krakow, Chris McNally, Kevin McGarry, Martin Cummins, Jack Wagner, Pascale Hutton and Kavan Smith<br/><br/>Stream When Calls the Heart Season 11 now on Hallmark!")
_dark-matter-season-1.webp "Dark Matter Season 1 Trailer HD - Plot synopsis: DARK MATTER is a sci-fi thriller series based on the blockbuster book by acclaimed, bestselling author Blake Crouch. Hailed as one of the best sci-fi novels of the decade, DARK MATTER is a story about the road not taken. The series follows Jason Dessen (played by Joel Edgerton), a physicist, professor and family man who, one night while walking home on the streets of Chicago, is abducted into an alternate version of his life. Wonder quickly turns to nightmare when he tries to return to his reality amid the mind-bending landscape of lives he could have lived. In this labyrinth of realities, he embarks on a harrowing journey to get back to his true family and save them from the most terrifying, unbeatable foe imaginable: himself.<br/><br/> <br/><br/>directed by Jakob Verbruggen (premiere episodes)<br/><br/>starring Joel Edgerton, Jennifer Connelly, Alice Braga, Jimmi Simpson, Dayo Okeniyi, Oakes Fegley<br/><br/>release date May 8, 2024 (on Apple TV Plus)")
_the-unwanted-mate-episode-35-dailymotion-sanmay-reel-short-tv-movie-124.webp "The Unwanted Mate - episode 35 - dailymotion SanMay reel short tv movie")
_the-all-new-volkswagen-passat-design-preview-reef-blue-metallic.webp "A class of its own. The Volkswagen Passat is a global bestseller. To date, more than 34 million units have been delivered to almost every country in the world. An ongoing success – even five decades after its debut, the Passat is currently one of the three best-selling Volkswagens internationally alongside the Tiguan and Polo (with their derivatives). In Europe, it has always been a steady long-term seller, especially as the Variant. Since 2022, Volkswagen has therefore exclusively offered the Passat as an estate version between the North Cape and Gibraltar. And with resounding success. In Germany, for example, the Passat Variant was topped the rankings in the mid-sized class in 2023, with 45,494 new registrations. The secret to its success is the fact that the Passat Variant is two cars in one – a business class vehicle and a family all-rounder at the same time. Now, a brand-new Passat Variant is being launched that has been developed from scratch. And this time, it is breaking down class boundaries. Even though the Passat Variant – now in its ninth generation – is priced (from 39,995 euros) in the mid-sized class, its new size, new quality standard and new innovative power mean it can cater to the next segment up.")
_the-unwanted-mate-episode-32-dailymotion-sanmay-reel-short-tv-movie-124.webp "The Unwanted Mate - episode 32 - dailymotion SanMay reel short tv movie")
_the-unwanted-mate-episode-29-dailymotion-xtube-reel-short-tv-movie-124.webp "The Unwanted Mate - episode 29 - dailymotion xtube reel short tv movie")
_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.")
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