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☆ Rich parents want to give to charity and leave more money to their kids. Here's how billionaire families do it.
▼ + stars: | 2024-01-29 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +8 min

Read previewWhen the rich give to charity, they find a way to get the most bang for their buck. If the trust assets are invested and achieve an annual rate of return of 9% a year, the CLT's remainder will be $2.1 million. Advertisement"It's a fantastic low interest rate play," said Renn. "The problem now is rates have really risen and it's to the point where some investments clearly can outperform a 4% or 5% interest rate, but others might struggle." In this interest rate environment, charitable remainder trusts (CRTs) have better odds.

Persons: —, Jacqueline Kennedy Onassis, Walton, Lance Morgan, Ed Renn, I've, Renn, Dan Griffith, Griffith, CLTs, Onassis, CLATs, Alice, Jim Walton, Rick T, Jennifer Galvagna, Michael Prinzo, they're Organizations: Service, Tax, Business, Bloomberg, Huntington Private Bank, Walmart, Bank of America Private Bank Locations: Withersworldwide, CLTs, Fayetteville , Arkansas, Israel, Palestine

☆ Can a Forgotten Hot Spot Reclaim Its Cool?
▼ + stars: | 2024-01-24 | by ( Chantel Tattoli | ) www.nytimes.com time to read: +1 min

Anya Firestone’s job as a luxury tour guide in Paris has brought her to many rarefied corners of the city. But only recently did she do something that countless locals and visitors have done over the last 130 years: Book a reservation at Maxim’s, the storied French restaurant that opened in 1893 and has counted Jacqueline Kennedy Onassis, Margrethe II of Denmark, Jean Cocteau, Jane Birkin and Man Ray among its patrons. “The place was packed,” Ms. Firestone, 35, said of the night she ate there in late November. She was not alone in that perception. “Many people, even most, did not realize it was open as a restaurant,” said Pierre Pelegry, a director at Maxim’s who has worked there for 27 years and was hired by Pierre Cardin, the French fashion designer, after he bought the restaurant in 1981.

Persons: Anya Firestone’s, Jacqueline Kennedy Onassis, Margrethe II of Denmark, Jean Cocteau, Jane Birkin, Man Ray, Ms, Firestone, hadn’t, ”, Pierre Pelegry, Pierre Cardin Locations: Paris, Maxim’s

☆ How the superrich, like Walmart's Waltons, get richer by using trusts to give to charity and save on tax
▼ + stars: | 2024-01-23 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +7 min

If the calculations predict that the trust's remainder interest is zero, the beneficiaries are exempt from estate tax even if the assets actually appreciate by a greater amount. If the trust assets are invested and achieve an annual rate of return of 9% a year, the CLT's remainder will be $2.1 million. Advertisement"It's a fantastic low interest rate play," said Renn. "The problem now is rates have really risen and it's to the point where some investments clearly can outperform a 4% or 5% interest rate, but others might struggle." In this interest rate environment, charitable remainder trusts (CRTs) have better odds.

Persons: —, Jacqueline Kennedy Onassis, Walton, Lance Morgan, Ed Renn, I've, Renn, Dan Griffith, Griffith, CLTs, Onassis, Jennifer Galvagna, Michael Prinzo, they're Organizations: Service, Tax, Business, Bloomberg, Huntington Private Bank, Bank of America Private Bank Locations: Withersworldwide, CLTs, Israel, Palestine

It is the ideal way to celebrate the musician and civil rights activist, and the ideal gift for a music fan of any walk. Cost: $135SAY CHEESE: This one might give an audiophile a heart attack, but that doesn't make it any less adorable. The “Turntable Cheese Board" from Uncommon Goods is exactly what it sounds like — a cheese board designed to look like the most expensive, slick turntable, featuring a slate platter and hidden slicer in the one arm. Cost: $78HEAR IT LOUD: There's never a wrong time to upgrade headphones — in fact, it makes for a great gift. Cost: $47K-POP COOL: Far too often, holiday gift guides — even those specifically catering to music enthusiasts — fail to account for dedicated, artist-specific fandoms.

Persons: It'll, SIMONE, Nina Simone, Simon, Marc Masters, Harry Styles, Styles, ”, “, It's, Sony's, Barbra Streisand, ” She'd, Jimmy Fallon, Jacqueline Kennedy Onassis, Streisand, ” Streisand, I’m, Lol Tolhurst, Tim Burton, Edgar Allan Poe’s, Mary, Emily Brontë, Questlove, Tariq Trotter, a.k.a Organizations: ANGELES, Philips, Doubleday, Associated Press, Division, Bauhaus, Los Tigres Del, Grupo Frontera Locations: They're, longhand, Austin , Texas, Los Angeles, Los Tigres Del Norte, Banda

☆ Memoir of a ‘Very Large Life,’ With Poetry, Crusades and Glittering Names
▼ + stars: | 2023-06-12 | by ( Celia Mcgee | ) www.nytimes.com time to read: +1 min

Rose Styron used to start her daily swim of the season in May, when the waters off the long dock at her house in Vineyard Haven, on Martha’s Vineyard, still barely reach 50 degrees. “Now that I’m 95, though,” she said one day in April, “I may wait until June.”The first of Styron’s four books of poetry, “From Summer to Summer,” a collection for children, was published in 1965. Her most recent, “Fierce Day,” a coming to terms with the death of her husband, the author William Styron, in 2006, was published in 2015. As long as guests are interesting, they are summoned there still. The Styrons were the first people the singer-songwriter Carly Simon wanted to meet when she arrived on the Vineyard in 1970.

Persons: Rose Styron, ”, “, William Styron, Styron, Nobel, Sinn Fein, Katharine Graham, Jacqueline Kennedy Onassis, Carly Simon, ” Simon Organizations: Vineyard Sound, Ulster Unionists, Hyannis Port Kennedys Locations: Vineyard Haven, Hyannis

☆ 19 Unique Gifts for Women Who Have Everything
▼ + stars: | 2023-04-14 | by ( ) www.wsj.com time to read: +10 min

“There’s something a little decadent about wearing a matching cashmere set when you’re traveling by plane, for example,” Deyette notes. Note: The earrings can also be purchased as singles if you or your recipient like to mix and match. Constructed of 100% Australian sheepskin upper and footbed, they feel incredibly luxe and confer the benefit of breathable, moisture-wicking materials. “I love lighting this candle when I take a bath or just want to relax with a good book,” she says. It comes with a 72-ounce pitcher and an ice-crushing blade, as well as two single-serve blender cups for beverages on the go.

☆ Washington, D.C., Compound Where Jackie Kennedy Lived Asks $26.5 Million
▼ + stars: | 2023-03-08 | by ( Katherine Clarke | ) www.wsj.com time to read: 1 min

Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. An assemblage of three Washington, D.C., houses—one of which served as home to Jacqueline Kennedy Onassis in the wake of President John F. Kennedy ’s assassination—is coming on the market for $26.5 million.

☆ Ron and Casey DeSantis danced to the governor's campaign song 'Sweet Florida' at the state's inaugural ball, in final event of 2-day 'DeSantis-Palooza'
▼ + stars: | 2023-01-04 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +7 min

Casey DeSantis wore a gold embellished gown. Songs included "My Girl" and "(I Can't Get No) Satisfaction," two guests leaving the event told Insider. Bill Diamond of Palm Beach told Insider the food was "very good and very inventive" and raved about the lamb. "I have had clients coming back and saying that was very Kennedy-ish," one source who attended multiple inauguration events told Insider. Casey DeSantis and the couple's son, Mason, were also present, he said, as were Lieutenant Governor Jeanette Nuñez and her husband Adrian Nuñez.

☆ Final farewell: From Sidney Poitier to Pope Emeritus Benedict a look back at the influential figures who died in 2022
▼ + stars: | 2023-01-01 | by ( Associated Press | ) www.nbcnews.com time to read: +55 min

Other world leaders who died in 2022 include former Soviet leader Mikhail Gorbachev, who died in August. The final days of 2022 saw the loss of some exceptionally notable figures, including Pope Emeritus Benedict XVI. Here is a roll call of some influential figures who died in 2022 (cause of death cited for younger people, if available):___JANUARY___Dan Reeves, 77. A Cuban-born artist whose radiant color palette and geometric paintings were overlooked for decades before the art world took notice. A prolific character actor best known for playing villains and tough guys in “The Manchurian Candidate,” “Ocean’s Eleven” and other films.

☆ 73-year-old pays $370/month to live in a plane he bought for $100,000 from a salvage yard: 'I have no regrets'
▼ + stars: | 2022-12-26 | by ( Celia Fernandez Beatriz Bajuelos Castillo | Celia Fernandez | Beatriz Bajuelos Castillo | ) www.cnbc.com time to read: +2 min

In the early '70s, Bruce Campbell paid $25,800 for 10 acres of land in Hillsboro, a suburb of Portland, Oregon. In 1999, Campbell decided he would follow through but had no idea how to go about it, so he hired a salvage company to find him a plane. Campbell paid $100,000 for it, and the plane was flown from Greece to Oregon to prepare it for him to take ownership. Next to the kitchen area, Campbell has his futon sofa, which doubles as his sleeping area, and his workbench. His monthly expenses are $370 a month, which includes $220 a month in property taxes and between $100 to $250 a month in electricity.

☆ 19 Unique Valentine’s Gifts for Women Who Have Everything
▼ + stars: | 2022-12-22 | by ( ) www.wsj.com time to read: +10 min

Maybe she’s the type who tuts, “Oh, I don’t need anything” as Valentine’s Day or her birthday approaches. “There’s something a little decadent about wearing a matching cashmere set when you’re traveling by plane, for example,” Deyette notes. Note: The earrings can also be purchased as singles if you or your recipient like to mix and match. Constructed of 100% Australian sheepskin upper and footbed, they feel incredibly luxe and confer the benefit of breathable, moisture-wicking materials. It comes with a 72-ounce pitcher and an ice-crushing blade, as well as two single-serve blender cups for beverages on the go.

☆ Brandul Givenchy de la inceputuri...
▼ + stars: | 2020-11-03 | by ( ) www.realitatea.md time to read: +5 min

Istoria Givenchy pare să fie ruptă din basm, motiv pentru care Givenchy a devenit un brand atât de legendar. Hubert de Givenchy a descoperit lumea modei când era băiat la Expoziția mondială din Paris din 1937 și a știut imediat că și-a găsit chemarea. Givenchy a început lucrând ca asistent pentru designeri de modă celebri precum Jacques Fath, Christian Dior, Robert Piaget, Elsa Schiaparelli. Hubert a fost la început doar asistent, dar în timp a câștigat abilități și a devenit el însuși un designer excelent. În 1973, Givenchy a început să producă îmbrăcăminte pentru bărbați, care a găsit imediat un număr mare de persoane.

Persons: Hubert James Marcel Taffin, Givenchy, Hubert de Givenchy, Jacques Fath, Christian Dior, Robert Piaget, Elsa Schiaparelli . Hubert, Audrey Hepburn, Grace Kelly, Monaco, Jacqueline Kennedy Onassis, ducesa de Windsor, Rothschild, Louis Vuitton Moet Hennessy, Louis Vuitton ., John Galliano, Riccardo Tisci, Audrey Hepburn . Ea, Hubert, Couture, Haute Couture, Nicolas Degennes Organizations: Casei, Haute Locations: francez, Paris, Givenchy

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