Tag archives: income

Asset Rich, “Qualified Income” Poor
By Matt Genovese   |   July 18, 2023

More and more we see clients that are asset rich yet “qualified income” poor, which just means that they have done a good job saving and accumulating wealth, and now live off their accumulated wealth and investments. The definition of “qualified income” specifically pertains to a calculation based off their tax returns as reported usable […]

The Profitable Future of Traditional Philanthropy
By Peter Brill   |   March 14, 2019

by Dr. Peter Brill, with Mariah Miller QUESTION: I hear there are 1,000 non-profits in Santa Barbara. I am newly retired and moved here from Chicago after selling my business. I look at an organization like the Girl Scouts, which provides for a significant portion of their financial needs by selling cookies and other things. […]