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‘New Girl’ star Jake Johnson lists lush and private Pasadena estate for $3.3 million

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  • A police shooting fuels T . Geronimo Johnson Occidental Book of the Dead – Pasadena Star News

    T. Geronimo Johnson's latest novel, The Occidental Book of the Dead, published by William Morrow, grew out of a project that began about 20 years ago. It follows George Washington Jonson, a Black police officer patrolling a gentrifying neighborhood in a city much like Atlanta, after his White partner shoots and kills a White teenager, an event that reshapes the lives of both officers, their colleagues and their families. Johnson wanted to slow the shooting down and show it from more angles than the news usually does, including the perspectives of the police and the press office. Novelist Jason Mott praised the book as funny when it needs to be, hard to track when it wants to be, and meticulously engineered.

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  • Dr. Phil lists his lavish Beverly Hills estate for a whopping $67.5 millionMarketWatch·
  • Los Angeles County sales tax addiction is getting out of control – Pasadena Star News

    An opinion piece by Marc Joffe argues that Los Angeles County sales taxes have become excessive. San Gabriel's rate rose to 11% on October 1 under Measure ER, and Measure PS would push it to 12%, the highest in California. The author cites Institute on Taxation and Economic Policy data showing California's lowest-income households pay 7.6% of income in sales and excise taxes, versus 1% for the wealthiest 1%. He also notes that state General Fund sales tax collections rose about 82% from 2011-12 to 2024-25 without a rate increase, and argues governments should cut spending instead of raising rates.

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  • Newlywed Jim Carrey lists $35 million Maui waterfront mansionMarketWatch·
  • The Rockefellers Will Pay No Estate Tax Again This Generation Because Nobody Technically Owns the Money . In 2026 One Couple Will Be Able to Seed the Same Trust With $30 Million .

    The article argues that the Rockefeller family has used irrevocable trusts set up in 1934 to keep wealth out of estate taxes across generations, since beneficiaries hold interests while the trustee holds title. It says newer families must use their exemption to get comparable protection, because the generation-skipping transfer tax applies to trusts created after the grandfathered date. For 2026 the basic exclusion is $15,000,000 per person, so a married couple can combine exemptions to fund a dynasty trust with $30 million without gift or GST tax. By contrast, it calculates that leaving the same $30 million outright through two generations at a 40% estate tax rate would cost $19.2 million. The trade-off, it says, is that lifetime gifts keep the original cost basis instead of a step-up at death.

    247wallst.com·
  • The Rockefellers Will Pay No Estate Tax Again This Generation Because Nobody Technically Owns the Money. In 2026 One Couple Will Be Able to Seed the Same Trust With $30 Million.

    In 2026, a married couple can combine two $15 million GST exemptions to seed a dynasty trust with $30 million, paying no gift or transfer tax, as the basic exclusion amount rises from $13,990,000 in 2025. Because beneficiaries hold interests while the trustee holds title, the principal stays outside their taxable estates, the structure the Rockefeller family has used since 1934. By contrast, leaving $30 million outright to children and then grandchildren would shrink to $10.8 million after two generations at a 40% estate tax rate, losing $19.2 million. The article notes a trade-off: assets gifted during life keep the original cost basis instead of the step-up received at death, so low-basis assets are better kept in the estate. Missing the Form 709 GST exemption allocation filing alone could expose the entire trust principal to a 40% generation-skipping tax rate.

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