Tag archives: trust
In our little enclave by the ocean, we meet several high-net-worth individuals and families looking for ways to reduce their taxable estates. One of the more sophisticated tools available is an Intentionally Defective Grantor Trust (IDGT). Despite its confusing name, the IDGT is a legal and effective strategy that separates estate tax from income tax […]
Do you want to be rich? To live really well? Then you will want to live in a society with high trust. Our World in Data detailed this in an article “Trust” by Esteban Ortiz-Ospina and Max Roser. Much of the data comes from the World Value Survey. The World Value Survey plotted per capita […]
Public trust in government is at a 50-year low. According to an ambitious Harvard Business School study, the problem in our contentious duopoly is the lack of competition and resulting lack of accountability. Santa Barbara is the poster child for what this study raged against — a system that no longer focuses on the public […]
One of the wonderful things about people, is that, in general, we trust each other. Betrayal is a violation of trust – but it is the exception, not the rule. Formal marriage is a solemnization of trust, particularly in terms of sexual fidelity. Divorce is common but getting married is still very popular. We even […]
This was the 55th annual meeting for the Santa Barbara Trust for Historic Preservation (SBTHP) held in the Presidio Chapel. Board president Terease Chin called the meeting to order and said, “Let us have a moment of silence for the devastation we have all just been through.” As we all know, it’s hard to even […]
