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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 👁 7.4M
Paul Marles
Amazing 1.3 Million FREE Images for KDP Book Cover Designs
⏲ 17 minutes 27 seconds 👁 48.5K
Abbie Emmons
How to Design a Book Cover That STANDS OUT
⏲ 29 minutes 11 seconds 👁 6.4K
In the world of entrepreneurship, success stories often serve as a source of inspiration and guidance for aspiring business owners. One such story is that of Jerry Norton, a successful entrepreneur in real estate and software development. Through his journey, Jerry has not only achieved remarkable success but has also imparted valuable lessons to others seeking to follow in his footsteps. <br/><br/>From the importance of passion and community building to the power of perseverance and continuous learning, Jerry's story offers a wealth of insights for aspiring entrepreneurs. Passion and Long-Term Vision Jerry Norton's success can be attributed, in large part, to his unwavering passion for his work and his clear long-term vision. Throughout his career, Jerry has consistently pursued opportunities that align with his passions, allowing him to stay motivated and dedicated to his goals. <br/><br/>By following his passion, Jerry has been able to build a business that not only brings financial success but also provides a sense of fulfillment and purpose. His story serves as a reminder that pursuing one's passion is not only rewarding but also essential for long-term success. Community Building and Authenticity Jerry Norton understands the power of community and the importance of fostering authentic connections. He emphasizes the value of building a strong network of like-minded individuals who can offer support, guidance, and collaboration.
Finding the Passion and Vision for success: Interview Jerry Norton
⏲ 58:32 👁 4.3M
Crafted Sweetly
Book Folding and Fore Edge Foto Book Art -- 10 Favorite Tools and Supplies 2023
⏲ 23 minutes 4 seconds 👁 1.4K
Crafty Stax
FREE and LEGAL Children's Illustrations & Text - Artist Resource for Print on Demand or Publishing
⏲ 10 minutes 35 seconds 👁 14.5K
Knowing how to organize a small kitchen can feel like a challenge, but with a little expert guidance, lack of kitchen space needn’t be a problem. <br/><br/>When it comes to understanding how to organize a kitchen that is limited in size, the key is making better use of the space available. While most of us could use a bigger kitchen, more cupboards, or extra worktop space, using what we do have more efficiently can make the space feel stacks bigger without the need for a costly refurb.
Tips On Maximizing Tiny Kitchens
⏲ 0:36 👁 11.3M
Dane McBeth Publishing
How To Get Thousands Of Book Downloads With KDP Free Book Promotions
⏲ 11 minutes 58 seconds 👁 10.6K
Joe Popelas
Free Course: How I Made $200,000 With ChatGPT eBook Automation at 20 Years Old
⏲ 40 minutes 56 seconds 👁 216.8K
Introducing the updated 2025 GV80 range, now starring a Coupe SUV variant: 2025 GV80 Coupe.<br/><br/>2025 GV80 ushers in a suite of new technologies, including an array of safety and convenience features, and refreshed styling that continues to embody the Genesis Athletic Elegance design philosophy.<br/><br/>The overwhelming popularity of the 3.5T AWD powertrain and optional Luxury Pack have seen both become standard across the 2025 GV80 range.<br/><br/>The Luxury Pack was previously chosen by the majority of customers, who were seeking the ultimate luxury experience, with an up take of 95 percent.<br/><br/>2025 GV80 SUV is available with either a 7-seat cabin or an optional 6-seat layout, which gives second-row occupants individual captain’s chairs. The athletic and audacious GV80 Coupe is available as a 5-seater.<br/><br/>An expanded selection of customisation and personalisation options for 2025 GV80 brings further choice for customers, the majority of whom build-to-order. These include 11 exterior colours, 11 interior colours and 5 trim garnishes.<br/><br/>Two options are offered for 2025 GV80 and GV80 Coupe: Rear Seat Entertainment and Matte Paint.<br/><br/>2025 GV80 adopts a revised global tune suspension featuring bespoke settings for GV80 Coupe.
2025 Genesis GV80 Design Preview
⏲ 3:0 👁 1.5M
30X40 Design Workshop
Architecture BOOK REVIEW | Operative design + Conditional Design
⏲ 6 minutes 26 seconds 👁 51.7K
Mind the Product
Designing your Value Proposition by Alex Osterwalder at Mind the Product 2014
⏲ 36 minutes 32 seconds 👁 46.9K
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