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Red Lobster Says , Locations Will Stay Open , After Filing For Bankruptcy.<br/>On May 19, Red Lobster confirmed in <br/>a statement that the company has filed for <br/>voluntary Chapter 11 bankruptcy in Florida. .<br/>NBC reports that the largest seafood chain in <br/>the United States said that filing for Chapter 11 will , \
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The Organic Chemistry Tutor
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sam tube
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And it’s nil points from Türkiye to this year’s Eurovision Song Contest Winner as the country’s President Recep Tayyip Erdoğan claimed the event threatened traditional family values.
⏲ 0:35 👁 10.3M
Ryan Brown
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Counttuts
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New York Yankees Ticket Revenue: Generating $200 Million from value to value calculator
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Jesse Nason
⏲ 3 minutes 43 seconds 👁 9K
FIN-Ed
⏲ 4 minutes 39 seconds 👁 27.3K
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 👁 15.5M
UV JPIA
⏲ 11 minutes 24 seconds 👁 75.6K
365 Financial Analyst
⏲ 17 minutes 33 seconds 👁 19K
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