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_irs-quietly-changes-the-rule-on-how-your-childrens-inheritance-will-be-taxed.webp "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-form-8962-premium-tax-credit-and-the-irs-form-1095-a.webp "Jason D. Knott")
_how-to-make-green-goddess-pasta-salad.webp "In this video, watch as Andee guides you through the steps to create a delicious Green Goddess Pasta Salad! Packed with vibrant flavors and wholesome ingredients, this recipe is perfect for a refreshing meal or a delightful side dish. Learn how to blend fresh herbs, garlic, and creamy dressing to seriously improve your pasta salad options. So follow along as we showcase easy-to-follow instructions and tips for a satisfying culinary experience.")
_2019-irs-health-insurance-premium-tax-credit-reconciliation.webp "Kevin Knauss")
_how-to-fill-out-irs-form-2553-easy-to-follow-instructions.webp "Fundera by NerdWallet")
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