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_irs-quietly-changes-the-rule-on-how-your-childrens-inheritance-will-be-taxed.jpg "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 👁 7.4M
_inside-a-3646-million-renewable-energy-swindle.jpg "Rhino Onward International, or ROI as it called itself, launched in 2022 with some big promises. The renewables development firm claimed that its “proprietary process and technology” put it in position “to assume the leading role in Green Hydrogen production.” The company said it was building a green hydrogen plant in Arizona that would be worth about $530 million within 5 years, according to marketing materials it shared with investors.<br/><br/>ROI raised $31 million from over 200 investors but apparently only invested $200,000 in the business; the firm’s promoters Paul Croft and J.D. Frost diverted the rest of the investors’ money to themselves and entities they control, according to an investor lawsuit filed in Illinois last month, which cited bank records obtained through subpoenas. Beginning in 2021 until last year, Croft, a 42-year-old entrepreneur living in Chicago, and Frost, a 40-year-old accountant based in Chattanooga, Tennessee, raised approximately $46 million from a series of phony renewables investment schemes, which the pair used to live extravagantly, pay employees at their tax advisory business, pay down short-term loans and even lend money to embattled professional hockey player Robin Lehner, according to allegations in lawsuits, bankruptcy filings, former investors and ex-employees of Croft’s and Frost’s businesses who spoke with Forbes on the record, and others with knowledge of the matter who spoke on the condition of anonymity in order to speak about sensitive information.<br/><br/>0:00 Introduction<br/>0:28 The Founding Of Rhino Onward International<br/>3:34 Who Was Scammed By Croft And Frost?<br/>6:11 Who Are Croft And Frost?<br/>9:21 When Did Investors Figure Out The Scam?<br/>12:17 Embellishing Wealth And Origin Stories<br/>14:26 What's Next?<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/johnhyatt/2024/04/23/anatomy-of-a-46-million-renewable-energy-swindle/?sh=767c07c23c4b<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.")
⏲ 15:41 👁 7.8M
_donald-trump-legal-experts-weigh-in-on-the-absence-of-his-family-from-stormy-daniels-hush-money-trial.jpg "Donald Trump: Legal experts weigh in on the absence of his family from Stormy Daniels hush money trial from honey money web series full complete")
⏲ 1:12 👁 29.3M
_behind-on-your-investing-goals-this-actionable-acronym-can-help.jpg "Before increasing your investment contributions, it’s important to understand how your investments fit into your overall financial well-being. These five key steps based on the acronym CRUSH can be used to re-evaluate your investing strategy. These helped Bernadette Joy, Forbes contributor, become a debt-free millionaire in her 30s.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/bernadettejoy/2023/06/30/5-steps-to-catch-up-your-investing-if-you-feel-behind/?sh=719058742e42<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.")
⏲ 7:24 👁 34.5M
_young-drivers-and-the-rising-cost-to-start-driving.jpg "Young Drivers - The Cost Of Getting On The Road")
⏲ 1:4 👁 7.1M
_affordable-us-cities-to-live-in.jpg "Take a look at our list of American cities with the lowest costs of living. Is one of the cheapest cities in the U.S. right for you?")
⏲ 2:53 👁 22.3M
_heart-beat-tamil-web-series-episode-29.jpg "Heart Beat Tamil Web Series Episode 29 from honey money web series full complete")
⏲ 26:47 👁 37.5M
_how-to-make-slow-cooker-honey-garlic-chicken-noodles.jpg "Combine two beloved dinner mainstays with this slow cooked lo mein noodle recipe! In this video, learn how to easily make honey garlic chicken noodles in a slow cooker. This Asian noodle main course has the perfect balance of sweet and savory. The sweetness of the honey pairs perfectly with the umami and aromatic flavors of the soy sauce, garlic, and ginger. With the ease of using a slow cooker, you can set it and forget it until dinnertime!")
⏲ 0:53 👁 15M
_heart-beat-tamil-web-series-episode-31.jpg "Heart Beat Tamil Web Series Episode 31 from honey money web series full complete")
⏲ 22:16 👁 26.3M
_heart-beat-tamil-web-series-episode-32.jpg "Heart Beat Tamil Web Series Episode 32 from honey money web series full complete")
⏲ 25:59 👁 19.7M
_how-to-make-honey-bun-cake.jpg "In this video, Nicole shows you how to make an unbelievably easy Honey Bun Cake with a hand-whipped sugary glaze. This baked recipe uses a simple box cake mix to create the batter, with one important ingredient added in: sour cream. The sour cream makes this dessert deliciously moist and as rich as the Little Debbie snack. After baking the honey bun cake in the oven, pour the glaze over the top and dig in!")
⏲ 0:44 👁 8.8M
_donald-trump-and-ron-desantis-seek-reconciliation-after-2024-primary-clash.jpg "Welcome to Fan Reviews News. In a surprising turn of events, Florida Governor Ron DeSantis and former President Donald Trump recently met privately in Miami, according to multiple sources. This meeting marks an attempt to mend their rocky relationship after a contentious GOP primary, in which Trump emerged as the winner over DeSantis. While the details of their recent meeting remain undisclosed, it is clear that there is a concerted effort to mend the rift between DeSantis and Trump. As both influential figures in the Republican Party, their reconciliation could have significant implications on future political dynamics. Whether they can truly bury the hatchet and find common ground remains to be seen, but it wouldn't be shocking if DeSantis becomes Trump's number one supporter moving forward. We will keep you updated with everything happening in the 2024 Election, on Fan Reviews News.")
⏲ 0:54 👁 3.3M
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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.")
_inside-a-3646-million-renewable-energy-swindle.webp "Rhino Onward International, or ROI as it called itself, launched in 2022 with some big promises. The renewables development firm claimed that its “proprietary process and technology” put it in position “to assume the leading role in Green Hydrogen production.” The company said it was building a green hydrogen plant in Arizona that would be worth about $530 million within 5 years, according to marketing materials it shared with investors.<br/><br/>ROI raised $31 million from over 200 investors but apparently only invested $200,000 in the business; the firm’s promoters Paul Croft and J.D. Frost diverted the rest of the investors’ money to themselves and entities they control, according to an investor lawsuit filed in Illinois last month, which cited bank records obtained through subpoenas. Beginning in 2021 until last year, Croft, a 42-year-old entrepreneur living in Chicago, and Frost, a 40-year-old accountant based in Chattanooga, Tennessee, raised approximately $46 million from a series of phony renewables investment schemes, which the pair used to live extravagantly, pay employees at their tax advisory business, pay down short-term loans and even lend money to embattled professional hockey player Robin Lehner, according to allegations in lawsuits, bankruptcy filings, former investors and ex-employees of Croft’s and Frost’s businesses who spoke with Forbes on the record, and others with knowledge of the matter who spoke on the condition of anonymity in order to speak about sensitive information.<br/><br/>0:00 Introduction<br/>0:28 The Founding Of Rhino Onward International<br/>3:34 Who Was Scammed By Croft And Frost?<br/>6:11 Who Are Croft And Frost?<br/>9:21 When Did Investors Figure Out The Scam?<br/>12:17 Embellishing Wealth And Origin Stories<br/>14:26 What's Next?<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/johnhyatt/2024/04/23/anatomy-of-a-46-million-renewable-energy-swindle/?sh=767c07c23c4b<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.")
_donald-trump-legal-experts-weigh-in-on-the-absence-of-his-family-from-stormy-daniels-hush-money-trial.webp "Donald Trump: Legal experts weigh in on the absence of his family from Stormy Daniels hush money trial from honey money web series full complete")
_behind-on-your-investing-goals-this-actionable-acronym-can-help.webp "Before increasing your investment contributions, it’s important to understand how your investments fit into your overall financial well-being. These five key steps based on the acronym CRUSH can be used to re-evaluate your investing strategy. These helped Bernadette Joy, Forbes contributor, become a debt-free millionaire in her 30s.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/bernadettejoy/2023/06/30/5-steps-to-catch-up-your-investing-if-you-feel-behind/?sh=719058742e42<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.")
_young-drivers-and-the-rising-cost-to-start-driving.webp "Young Drivers - The Cost Of Getting On The Road")
_affordable-us-cities-to-live-in.webp "Take a look at our list of American cities with the lowest costs of living. Is one of the cheapest cities in the U.S. right for you?")
_heart-beat-tamil-web-series-episode-29.webp "Heart Beat Tamil Web Series Episode 29 from honey money web series full complete")
_how-to-make-slow-cooker-honey-garlic-chicken-noodles.webp "Combine two beloved dinner mainstays with this slow cooked lo mein noodle recipe! In this video, learn how to easily make honey garlic chicken noodles in a slow cooker. This Asian noodle main course has the perfect balance of sweet and savory. The sweetness of the honey pairs perfectly with the umami and aromatic flavors of the soy sauce, garlic, and ginger. With the ease of using a slow cooker, you can set it and forget it until dinnertime!")
_heart-beat-tamil-web-series-episode-31.webp "Heart Beat Tamil Web Series Episode 31 from honey money web series full complete")
_heart-beat-tamil-web-series-episode-32.webp "Heart Beat Tamil Web Series Episode 32 from honey money web series full complete")
_how-to-make-honey-bun-cake.webp "In this video, Nicole shows you how to make an unbelievably easy Honey Bun Cake with a hand-whipped sugary glaze. This baked recipe uses a simple box cake mix to create the batter, with one important ingredient added in: sour cream. The sour cream makes this dessert deliciously moist and as rich as the Little Debbie snack. After baking the honey bun cake in the oven, pour the glaze over the top and dig in!")
_donald-trump-and-ron-desantis-seek-reconciliation-after-2024-primary-clash.webp "Welcome to Fan Reviews News. In a surprising turn of events, Florida Governor Ron DeSantis and former President Donald Trump recently met privately in Miami, according to multiple sources. This meeting marks an attempt to mend their rocky relationship after a contentious GOP primary, in which Trump emerged as the winner over DeSantis. While the details of their recent meeting remain undisclosed, it is clear that there is a concerted effort to mend the rift between DeSantis and Trump. As both influential figures in the Republican Party, their reconciliation could have significant implications on future political dynamics. Whether they can truly bury the hatchet and find common ground remains to be seen, but it wouldn't be shocking if DeSantis becomes Trump's number one supporter moving forward. We will keep you updated with everything happening in the 2024 Election, on Fan Reviews News.")
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