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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.
⏲ 1:29 👁 370K
Earthquake due to Sam Pitroda's statement. Half your property! Sam Pitroda On Inheritance Tax | Congress vs BJP
⏲ 2:34 👁 350K
A fight over a vital federal tax credit intended to kickstart a market for clean hydrogen and worries over high production costs are cooling near-term expectations for the climate-friendly fuel.<br/><br/>0:00 Introduction<br/>0:30 Green v Grey Hydrogen<br/>6:01 What Are The Biden Administration Carbon Goals?<br/>9:59 Is Green Hydrogen Realistic?<br/>14:47 Blue Hydrogen And Carbon Capture<br/>16:50 How Will Costs Come Down?<br/>21:00 What’s Next For Green Hydrogen?<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/alanohnsman/2024/04/16/green-hydrogens-hype-hits-some-very-expensive-hurdles/?sh=71cc54e16e57<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.
⏲ 23:0 👁 255K
During remarks on the Senate floor, Sen. Peter Welch (D-VT) spoke about the federal Affordable Connectivity Program which helps lower monthly internet costs for low-income families.<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/><br/>Stay Connected<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
⏲ 9:28 👁 2.3M
Martin Lewis reveals millions of Britons are missing out on council tax supportSource This Morning
⏲ 1:36 👁 685K
EasyJet has revealed first-half losses are expected to narrow by more than £50m after this year’s early Easter helped offset a hit from the Israel-Hamas conflict. In an update on its half-year performance, the group said it is on track for headline pre-tax losses of £340m to £360m in the six months to March 31, against losses of £411m a year earlier.
⏲ 1:6 👁 14.8M
Use our guide to decide which assets belong in a taxable account and which go into a tax-advantaged account.
⏲ 1:59 👁 160K
In this edition, panellists reflect on the woes of the EU single market in the context of a shrinking European economy. They also zoom in on Europe's drinking culture and give their views on taxing the rich.
⏲ 32:31 👁 4.9M
Throwing good money after bad and refusing to cut his losses with risky healthcare bets cost Jack Schuler most of his fortune—and left hundreds of underserved kids in the lurch.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/04/16/inside-the-collapse-of-a-former-billionaires-foundation-for-low-income-students/?sh=1cbc813f2f78<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.
⏲ 5:10 👁 1.6M
#sheikhrasheed #barristergoharali #ptichief #bushrabibi #islamabadhighcourt #bulletin <br/><br/>PSX hits all-time high, crosses 72,000 mark<br/><br/>Three cops injured as DPO’s vehicle overturned near Quetta<br/><br/>Military courts case: SC accepts pleas seeking formation of larger bench<br/><br/>Traders body threatens protest against Tajir Dost tax scheme<br/><br/>LHC declares ECP’s recounting order in NA-79 as void<br/><br/>Karachi: Online taxi driver says decided against suicide at the last moment<br/><br/>Russia detains deputy defence minister for corruption<br/><br/>PM Shehbaz Sharif arrives in Karachi on day-long visit<br/><br/>Iranian President Raisi wraps up Pakistan visit, leaves for Tehran<br/><br/>Karachi roads opened for traffic after Iranian president’s departure<br/><br/>Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY<br/><br/>Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP<br/><br/>ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.
⏲ 19:58 👁 100K
#Karachi #Earthquake #karachinews #headlines <br/><br/>PM Sharif assures Sindh CM of solving funds release, other issues<br/><br/>Is China ready to put solar panels out at sea?<br/><br/>Gold rates go up in Pakistan<br/><br/>Fawad Chaudhry’s protective bail extended in 36 cases<br/><br/>Three cops injured as DPO’s vehicle overturned near Quetta<br/><br/>LHC declares ECP’s recounting order in NA-79 as void<br/><br/>Military courts case: SC accepts pleas seeking formation of larger bench<br/><br/>Traders body threatens protest against Tajir Dost tax scheme<br/><br/>PM Shehbaz Sharif arrives in Karachi on day-long visit<br/><br/>Russia detains deputy defence minister for corruption<br/><br/>Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY<br/><br/>Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP<br/><br/>ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.
⏲ 17:57 👁 100K
#fawadchaudhry #9mayincident #lahorehighcourt #headlines <br/><br/>PM Sharif assures Sindh CM of solving funds release, other issues<br/><br/>Is China ready to put solar panels out at sea?<br/><br/>Gold rates go up in Pakistan<br/><br/>Fawad Chaudhry’s protective bail extended in 36 cases<br/><br/>Three cops injured as DPO’s vehicle overturned near Quetta<br/><br/>LHC declares ECP’s recounting order in NA-79 as void<br/><br/>Military courts case: SC accepts pleas seeking formation of larger bench<br/><br/>Traders body threatens protest against Tajir Dost tax scheme<br/><br/>PM Shehbaz Sharif arrives in Karachi on day-long visit<br/><br/>Russia detains deputy defence minister for corruption<br/><br/>Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY<br/><br/>Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP<br/><br/>ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.
⏲ 12:44 👁 95K
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