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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 👁 26.2M

Toasty Bros

APU vs Budget GPU - Are APUs Still Worth It?

⏲ 10 minutes 50 seconds 👁 43.9K

Frog - Tech - Tips

Unboxing AMD Ryzen 5 5600G: The Ultimate Value APU for Gaming!

⏲ 3 minutes 33 seconds 👁 71

AN OLD Ford Falcon XA Superbird has been given a new life after one man restored the car to surprise his father. Tommy Giankos’ father, Paul, bought the XA Superbird in 1973 - it was his very first car. However after an accident wrote the car off, it sat idle on their family farm. It wasn’t until 2013 when Tommy decided to rebuild it to the surprise of his father. Industry experts estimate that the car has increased significantly in value after its $100,000 revamp, but the family has no plans to let go of it just yet. Tommy said: “It took five and a half years, but it's pretty much a dream come true to think that I can drive this car now, when growing up I thought I’d never drive it again after what happened.”

1973 Ford Falcon XA Superbird Restored To Former Glory

⏲ 4:10 👁 14.3M

Gamers Nexus

AMD's New Ryzen 7 5700X3D & More AM4 CPUs, APU 8700G, 8600G, 8500G, & 8300G Specs

⏲ 13 minutes 48 seconds 👁 149.8K

Gamers Nexus

We Found Problems: AMD Ryzen 5 8600G & R7 8700G APU Benchmarks & Review

⏲ 35 minutes 24 seconds 👁 196.8K

A true ‘voiture à vivre’, Renault 16 was designed to stand apart from the competition. Launched in 1965, it premiered a new body style, with hatchback access to the boot. More versatile than any of its contemporaries, Renault 16 included a bench seat adjustable for a 'holiday travel' position. It met the needs of families looking for a car that suited their lifestyles, while keeping pace with rapid social change.<br/><br/>Since then, Renault has continued to innovate with family cars that caught the mood of their times. This was true in the 1980s with Espace, a car that started a revolution with its groundbreaking one-box design and modular layout. In the 1990s, Renault did it again with Scénic, the first compact MPV. Designed to resemble a cocoon, Scénic featured an interior dedicated to passenger well-being.<br/><br/>Symbioz shares this same DNA. Able to adapt its boot and passenger compartment to family needs, with useful technologies delivering human added value and compact dimensions that are also ideal for city driving, it joins a long line of versatile ‘voitures à vivre’, reflecting its times. Showcasing Renault's new design language, Symbioz follows on from the recent Scénic E-Tech electric and New Captur.

Renault Symbioz A new era in family \

⏲ 6:58 👁 32.8M

Hardware Unboxed

AMD Ryzen 7 5700G APU Review, Better Value Zen 3?

⏲ 21 minutes 47 seconds 👁 75.8K

Linus Tech Tips

ULTIMATE AMD Value APU PC Computer \"How To\" Build Guide

⏲ 32 minutes 6 seconds 👁 751.8K

The prospect of an Israeli offensive in Rafah, where hundreds of thousands are sheltering, has sparked outrage around the world.

‘Death of European values’: EU institution staff march for peace in Gaza

⏲ 1:22 👁 5.5M

Linus Tech Tips

You CAN'T buy AMD's best product… - Ryzen 7 4750G APU

⏲ 10 minutes 34 seconds 👁 1M

RandomGaminginHD

Does AMD's Best Desktop APU Still Have a Place in 2023?

⏲ 10 minutes 27 seconds 👁 49.5K

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