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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 👁 17.4M

FiftyShadesVEVO

Hailee Steinfeld, BloodPop® - Capital Letters

⏲ 3 minutes 51 seconds 👁 118.3M

Patty Shukla Kids TV - Children's songs

Learn Alphabet Song Trace the Letters in the Alphabet | Capital Letters Patty Shukla Phonics Signs

⏲ 11 minutes 5 seconds 👁 671.6K

Red Lobster Announces, Nearly 100 Locations , Will Be Shut Down.<br/>NBC reports that approximately 99 Red Lobster locations <br/>will be auctioned off as the seafood chain faces <br/>questions regarding the company's long-term future.<br/>Founder and CEO of the liquidation firm TAGeX Brands, <br/>Neal Sherman, said he would lead the closure of over <br/>50 locations in a May 13 LinkedIn post.<br/>Sherman said equipment from the <br/>locations will be auctioned off.<br/>Locations will reportedly be closed across <br/>the United States, including Denver, <br/>Indianapolis, California and New York.<br/>On May 14, Restaurant Business Magazine reported <br/>a total of 99 locations would close, representing <br/>about 15% of the company's 700 locations. .<br/>NBC reports that the largest seafood <br/>restaurant in the U.S. has struggled with debt, <br/>unfavorable leases and executive turnover.<br/>The chain's troubles also stem from ill-advised <br/>strategies like an all-you-can-eat-shrimp promotion <br/>in 2023 that resulted in a significant loss.<br/>Earlier in 2024, the chain's largest investor, <br/>Thai Union, announced that it would <br/>seek to exit its position. .<br/>The combination of Covid-19 pandemic, <br/>sustained industry headwinds, higher <br/>interest rates and rising material and <br/>labor costs have impacted Red Lobster, <br/>resulting in prolonged negative <br/>financial contributions to <br/>Thai Union and its shareholders, Thiraphong Chansiri, Thai Union Group’s CEO, via NBC.<br/>After detailed analysis, we have <br/>determined that Red Lobster’s <br/>ongoing financial requirements <br/>no longer align with our capital <br/>allocation priorities and <br/>therefore are pursuing an exit <br/>of our minority investment, Thiraphong Chansiri, Thai Union Group’s CEO, via NBC

Red Lobster Announces Nearly 100 Locations Will Be Shut Down

⏲ 1:31 👁 116.2M

NewMelody

Hailee Steinfeld, BloodPop® - Capital Letters (Lyrics Lyrics Video)

⏲ 3 minutes 40 seconds 👁 4.7M

FiftyShadesVEVO

Hailee Steinfeld, BloodPop® - Capital Letters (Audio)

⏲ 3 minutes 41 seconds 👁 4.2M

We speak to the people of London about why London is so expensive, from pints to properties.

‘London is going down, it never used to be like this’: What makes the capital so expensive?

⏲ 2:0 👁 6.1M

FiftyShadesVEVO

Hailee Steinfeld, BloodPop® - Capital Letters (Behind The Scenes)

⏲ 1 minute 9 seconds 👁 460.3K

Hearts4TV

Fifty Shades Freed: Capital Letters

⏲ 3 minutes 37 seconds 👁 1.4M

All Bersatu MPs and state assemblymen have been issued letters from the party leadership with 14 days to respond, failing which their membership will cease, said its party secretary-general.<br/><br/>At a press conference at Perikatan Nasional’s headquarters on Friday (May 17), Datuk Seri Hamzah Zainudin stressed that the six rogue Bersatu MPs and the sole assemblyman who declared support for Prime Minister Datuk Seri Anwar Ibrahim, will receive “additional instructions” in their letters.<br/><br/>Read more at https://tinyurl.com/4wjh2xfa <br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline

Bersatu sends letters to all elected reps, “extra instructions” for wayward leaders, says Hamzah

⏲ 6:48 👁 7.7M

sanjay pazare

Capital Letters | Fifty Shades Freed |Hailee Steinfeld

⏲ 3 minutes 25 seconds 👁 110.2K

Jack Hartmann Kids Music Channel

Letters of the Alphabet | Capital Letters | Uppercase Letters | Alphabet Workout | Jack Hartmann

⏲ 4 minutes 5 seconds 👁 1.2M

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