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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.
⏲ 1:29 👁 7.7M
Yum! Brands, owner of KFC, Taco Bell, and Pizza Hut, reported a 3% decline in same-store sales for the first quarter, which was expected due to inflation, consumer demand pressures, and geopolitical issues. Pizza Hut and KFC saw same-store sales declines of 7% and 2%, while Taco Bell grew by 1%. Starbucks reported a 4% drop in global comparable store sales driven by a 6% transaction decline, as more cautious consumers cut back. McDonald's comparable sales grew just under 2% in the first quarter, as the CEO noted broad consumer price pressures reducing discretionary spending.
⏲ 0:48 👁 495K
Nvidia, one of the world's leading technology companies, has seen a significant increase in value due to the high demand for its advanced AI technology. CEO Jensen Huang shared his vision for an AI-powered future at their annual developer's conference in March and showcased impressive advancements made possible by AI. The company's latest graphics processing unit, Blackwell, is expected to transform the industry and has already caught the attention of Nvidia's rivals. Despite initial setbacks, Nvidia has become a pioneer in AI technology and continues to push the boundaries of what is possible.
⏲ 0:40 👁 485K
A quality golf travel bag is a must-have for any golfer. In this video, Dan Parker from Golf Monthly shares his advice on how to choose the best golf travel bag, and what factors to consider when making your purchase.
⏲ 10:12 👁 835K
Sony Pictures Entertainment and Apollo Global Management have offered to acquire Paramount Global in an all-cash deal valued at $26 billion. The joint bid comes as Paramount's board considers a merger with Skydance Media that would keep the company public. Shari Redstone, the controlling shareholder of Paramount Global, prefers the Skydance deal. A Sony/Paramount merger would reduce the major Hollywood studios from five to four following Disney's 20th Century Fox acquisition. Wall Street reacted positively to the news, sending Paramount shares up 13%.
⏲ 0:36 👁 410K
Welcome to our insightful discussion on the intersection of Islamic business principles and taxation strategies! In this engaging conversation, our esteemed guest, Sakhi Ahmed Khan, a seasoned expert in Islamic finance, shares valuable insights on how businesses can navigate the complex landscape of taxation while adhering to ethical and Sharia-compliant practices.<br/><br/> Hosted by Aftab Saleem, this conversation delves into the principles that guide Islamic business, shedding light on the importance of integrity, transparency, and compliance in financial matters. Sakhi Ahmed Khan brings a wealth of knowledge and experience to the table, offering practical advice for entrepreneurs, professionals, and anyone interested in aligning their business practices with Islamic values.<br/><br/> Topics covered include:<br/><br/>Overview of Islamic business principles<br/>Navigating taxation within the framework of Sharia<br/>Ethical considerations in financial transactions<br/>Compliance strategies for businesses<br/> Whether you're a business owner, student, or simply curious about the harmonious integration of faith and finance, this video provides valuable insights that can shape your understanding of Islamic business ethics and taxation.<br/><br/> About our guest:<br/>Sakhi Ahmed Khand is a renowned expert in Islamic finance with a wealth of experience in advising businesses on ethical financial practices. His deep understanding of Islamic principles and modern finance makes him a sought-after speaker and consultant in the field.<br/><br/> About the host:<br/>Aftab Saleem is your guide through this thought-provoking conversation. With a background in finance Taxtaion and a passion for ethical business practices, Aftab leads the discussion, posing insightful questions to extract valuable information for our audience.<br/><br/> Don't miss out on this enlightening discussion! Hit the play button now and join us on a journey through the world of Islamic business and taxation.<br/><br/> Connect with us:<br/><br/>FaceBook:<br/><br/> / businesslinesisb<br/>Linkedin: https: //www.linkedin.com/in/aftab-saleem-7a17bab9/<br/>Youtube: <br/><br/> / @businesslinesofficial<br/><br/><br/>Subscribe, like, and share to support our channel for more informative discussions on the intersection of faith and finance!<br/><br/>#IslamicBusiness #TaxationStrategies #EthicalFinance #IslamicFinance #BusinessEthics #ShariaCompliance #FinanceDiscussion #SakhiAhmedKhand #AftabSaleem
⏲ 35:24 👁 240K
A quality golf travel bag is a must-have for any golfer. In this video, Dan Parker from Golf Monthly shares his advice on how to choose the best golf travel bag, and what factors to consider when making your purchase.
⏲ 10:12 👁 205K
The premise is impressive. As was established through the trailer, Krishna (Naga Shaurya) hails from a ritualistic Brahmin family where the mother (Radhika Sarathkumar) knows how to have her way. When he moves to Hyderabad to do a software job, he feels liberated. This newfound freedom makes him woo Vrinda (Shirley Setia), a North Indian living in the city, at the first opportunity. Vrinda, to his fortune, is his friendly manager. Much as she loves Krishna, Vrinda is in a bind because she is barren owing to a disorder. Krishna now takes a tricky decision. He pulls the wool over his mother's eyes and marries Vrinda. Least does he realize that this is not going to be smooth sailing.<br/><br/>This film doesn't subscribe to regular notions of masculinity. In this regard, director Aneesh R Krishna must be commended. Naga Shaurya's character doesn't mind being at the receiving end of the raw deal if it makes his girlfriend happy. Like many Telugu cinema male leads, he is mistaken often by those who are supposed to behave better.<br/><br/>Mahathi Swara Sagar's musical flavour sits pretty with the mood of the film. 'Emundi Ra' is enjoyable, although the rest of the songs don't match up to its standard. Sai Sriram's cinematography makes the production values look better. Compared to Shaurya's films like 'Nartanasala', 'KVV' has got a much better visual appeal.<br/><br/>For a change, the story taps into the dynamics of an evolving relationship between a woman and her mother-in-law. In doing so, it makes sense. There are dialogues that sensitize us to the need to empathize with the pulls and pressures faced by working women. Radhika Sarathkumar makes us see her character's point without appearing mean. It's also amusing that she is shown to be someone who has the ability to predict the future accurately.<br/>Shirley Setia makes a vivacious Telugu debut. She looks believable as a North Indian migrant in Hyderabad, drawing the unwarranted attention of a lot of men. Amitabh Pradhan's negative role could have been etched in a better way, though.<br/><br/>The arc of Vennela Kishore's character is funny, with the coma portions standing out. Satya is effortless. Brahmaji can make us enjoy even ordinary lines. Wish Rahul Ramakrishna had got to do better. Annapurnamma is seen as Krishna's granny, while Saranya Pradeep and Himaja have their parts.<br/><br/>The second half is where the actual story takes place. Much of the drama happens indoors. The conversations between three different characters make for a dramatic watch. The climax has the right quantum of simplicity and likeability. The pub scene is not squandered away.<br/>On the downside, the workplace portions should have been constructed in a realistic fashion. The frustrations of Satya and Rahul Ramakrishna are captured well initially. By and by, classist humour and regular tropes like a mean guy creeping up the female lead make their way. Nowadays, the audience are expecting workplace dynamics to be shown in an entertaining way without taking creative lib
⏲ 2:18:48 👁 350K
Liam Keen and Nathan Judah are back analysing which senior players may be on the move this summer. Which player will be the most popular and who has the biggest market value?
⏲ 0:49 👁 325K
Immerse yourself in the gripping intensity of the official \
⏲ 1:17 👁 170K
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 👁 3.8M
Although South Korea’s benchmark Kospi index was one of the worst performers in Asia last year, it rebounded in 2024 fueled by investor frenzy over AI and the government’s $470 billion plan with the private sector to make the country a global chip production hub. The Kospi’s 11% rise, since we last measured fortunes 12 months ago, lifted the collective net worth of the country’s 50 richest to $115 billion from $106 billion.<br/><br/>This list was compiled using shareholding and financial information obtained from the families and individuals, stock exchanges, annual reports, analysts, government agencies and other sources. Net worths were based on stock prices and exchange rates as of the close of markets on April 2, 2024 and private companies were valued based on similar companies that are publicly traded. Real-time net worths on Forbes.com may reflect different valuations. The ranking lists both individual and family fortunes, including those shared among relatives and may differ from the World’s Billionaires List, which includes individual fortunes with net worths as of March 8. The list can also include foreign citizens with business, residential or other ties to the country, or citizens who don’t reside in the country but have significant business or other ties to the country. The editors reserve the right to amend any information or remove any listees in light of new information.<br/><br/>Read the full story on Forbes: https://www.forbes.com/lists/korea-billionaires/?sh=745f04012222<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
⏲ 3:36 👁 1.3M
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