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Just as you prepare for life’s significant events, it's equally crucial to anticipate your eventual departure and protect your loved ones from the burden of financial complications. Forbes contributor True Tamplin outlines how to tackle your assets.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/truetamplin/2023/10/31/4-questions-to-know-if-you-are-financially-prepared-to-die/?sh=4275a1864730<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.

Are You Financially Prepared To Die? 4 Ways To Plan For The Inevitable

⏲ 3:28 👁 16.4M

Film Riot

Best Free Assets & Plugins for Filmmakers | 2023

⏲ 10 minutes 29 seconds 👁 36.4K

Kibibyte

I went through ALL Unreal Engine Plugins, here is what I found

⏲ 36 minutes 35 seconds 👁 64.5K

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 👁 7.3M

RoBuilder

If Your a Builder You NEED These Plugins!

⏲ 7 minutes 5 seconds 👁 110.4K

Cinecom.net

10 Unreal Engine 5 PLUGINS I can't live without!

⏲ 9 minutes 37 seconds 👁 204.4K

$43.5 trillion: That's the amount managed by asset managers, twice as much as all US banks combined. A growing trend that's making people happy.<br/><br/>The not-to-be-missed story behind important numbers, in one minute every week!

BEHIND THE NUMBERS: $43.5 trillion, the amount of assets managed by investment companies

⏲ 1:16 👁 7.2M

RoBuilder

All My Roblox Plugins! (Productivity x1000)

⏲ 17 minutes 44 seconds 👁 47.9K

Code Monkey

SPEED UP your Game Development with these 30 TOOLS! (World Build, Systems, Polish, Visuals)

⏲ 14 minutes 32 seconds 👁 25.7K

Leaving these assets to loved ones may be more trouble than it’s worth. How to avoid adding to their grief after you're gone.

Some Of The Worst Assets To Inherit And Why

⏲ 2:58 👁 2.5M

DesignWithArash

10 Must-Have Figma Plugins for UI UX Designers (2023)

⏲ 3 minutes 47 seconds 👁 91.9K

Arsacre

How to EDIT VIRAL REELS Like Houston Kold, MagnatesMedia and Iman Gadzhi | After Effects Tutorial

⏲ 1 hour 4 minutes 42 seconds 👁 17.8K

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