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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 👁 7.1M

British Red Cross

Children First Aid: Choking Child part 1| First Aid | British Red Cross

⏲ 23 seconds 👁 303.8K

St John Ambulance

How to Use your First Aid Kit & Contents - First Aid Training - St John Ambulance

⏲ 2 minutes 5 seconds 👁 191.7K

Iran launched drones and missiles at Israel, triggering air raid sirens. The IDF intercepted most projectiles, but some caused damage. US forces also shot down Iranian drones. Neighbouring countries closed airspace, and Israel shut down its airspace. Iran threatened retaliation against any country aiding Israel. Israeli leaders pledged a strong response, convening for a security assessment. <br/> <br/>#iranisrael #iranisraellivestream #iranisraelwarnewstodaylive #iranisraelwaraljazeera #iranisraelwarfootage #israeliranyudh #iranisraelconflict #Oneindia #Oneindianews <br/>~HT.99~PR.152~ED.194~

Iran Launches Retaliatory Strikes on Israel with Drone and Missiles, World On-Alert | Oneindia News

⏲ 3:6 👁 6.3M

St John Ambulance

The Recovery Position - First Aid Training - St John Ambulance

⏲ 2 minutes 32 seconds 👁 773.2K

British Red Cross

First Aid | Helping someone who has a burn | British Red Cross

⏲ 1 minute 43 seconds 👁 44.8K

Queen of Tears (2024) Episode 12 English sub 决战风铃渡_腾讯_掐头去尾28

Queen of Tears (2024) Episode 12 English sub 决战风铃渡_腾讯_掐头去尾28

⏲ 40:3 👁 7.6M

American Red Cross

First Aid for Severe Bleeding

⏲ 1 minute 26 seconds 👁 44.4K

St John Ambulance

Save the boy - first aid advert by St John Ambulance

⏲ 1 minute 2 seconds 👁 721.3K

Police at Kuala Lumpur International Airport Terminal 1 will soon use electric scooters to patrol more efficiently.<br/><br/>Selangor police chief Comm Datuk Hussein Omar Khan on Monday (April 15) also suggested that the inner vehicle lanes closest to the arrival and departure hall entrances be closed off to the public as part of tighter security measures.<br/><br/>Read more at https://tinyurl.com/82uyhk2r<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline

Police in KLIA 1 to get electric scooters to aid patrols

⏲ 3:58 👁 780K

Service Sanitation

Service Training -First Aid

⏲ 29 minutes 6 seconds 👁 168.6K

St John Ambulance

What To Do If Someone Has A Seizure - First Aid Training - St John Ambulance

⏲ 2 minutes 59 seconds 👁 1.1M

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