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Easing the cost of living is Labor's \
⏲ 2:11 👁 2M
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 👁 2.2M
What should you be aware of when booking a holiday this year?
⏲ 2:0 👁 20.7M
<p>Kingdom of the Planet of the Apes director Wes Ball says the franchise has 'a long road ahead' of it, and plans are already in place for more sequels. Kingdom of the Planet of the Apes is in cinemas now.</p>
⏲ 1:32 👁 1.8M
Shaitaan (transl. Devil) is a 2024 Indian Hindi-language supernatural horror film directed by Vikas Bahl and produced by Devgn Films, Jio Studios and Panorama Studios.[5] The film, a remake of the 2023 Gujarati film Vash, stars Ajay Devgn, R. Madhavan, Jyothika, Anngad Raaj and Janki Bodiwala, who reprised her role from the original film.[6][7] A family finds trouble when their daughter falls under the spell of black magic, cast by a stranger, and they set out to stop the possession and uncover the stranger's motives.
⏲ 2:8:9 👁 1.3M
Mark Harmon may have departed NCIS three years ago, but Leroy Jethro Gibbs’ story lives on… well, at least in the past. The upcoming prequel show NCIS: Origins will chronicle Gibbs joining the law enforcement agency in 1991, with Austin Stowell playing the younger version of the character. We also recently learned that Kyle Schmid will play the younger Mike Franks, who’s leading the ragtag team that Gibbs is on. Now it’s been revealed who’s playing Origins’ third returning NCIS character, and it’s an actor who’s already appeared in the franchise.
⏲ 1:6 👁 7.9M
DFA maintains only the President can approve pacts in WPS;<br/><br/>Washington urges Gaza cease-fire deal amid Israeli plans for Rafah assault;<br/><br/>Biden, Trump have 6 months left to convince voters.
⏲ 6:55 👁 1.2M
Shakira may be innocent of the tax fraud charges against her, as Spanish prosecutors are now asking a second investigation into the star be dropped.
⏲ 1:4 👁 10.5M
The treasurer has locked in his third budget and on Tuesday night Australians will find out what's in it. Income tax cuts will be the main feature and there may be some help with energy bills, too. But Jim Chalmers insists the budget will show restraint.
⏲ 2:15 👁 3.9M
There’s an easy and effective way savers can minimize the damage of a retirement tax bomb. It all starts with making one simple shift in your retirement savings contributions.
⏲ 3:0 👁 82.1M
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 👁 785K
Some of these changes were gradual, others less so.
⏲ 11:14 👁 9.5M
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