Mountain Views News, Sierra Madre Edition [Pasadena] Saturday, February 3, 2018

MVNews this week:  Page B:2

Mountain Views-News Saturday, February 3, 2018 
Mountain Views-News Saturday, February 3, 2018 
Jeff’s Book PicsBy Jeff Brown FAMILY MATTERS By Marc Garlett 

down of Admiral Yamamoto near 

The Largesse of the Sea 

Bougainville in 1943, and how on

Maiden: Stories by Denis 

14 August 1945, following Japan’sTwenty-five years after Jesus’ 


offer of surrender, an Australian 
Son, a haunting new collection 

intelligence officer established theof short stories on mortality and 

Allies’ first direct radio contact with 
transcendence, from National Book 

Japan since the war had begun.This isAward winner and two-time Pulitzer 

a rich historical account of a secret 
Prize finalist Denis JohnsonThe 

and little-understood side of the war, 
Largesse of the Sea Maiden is the

interwoven with lively personalitieslong-awaited new story collection 

and personal stories. It is the story offrom Denis Johnson. Written in 

Australia’s version of Bletchley Park,
the luminous prose that made 

of talented and dedicated individuals 
him one of the most beloved and 

who significantly influenced the 
important writers of his generation,

course of the Pacific War. 
this collection finds Johnson in 
new territory, contemplating the 

The Death Chamber by Sarah 


ghosts of the past and the elusive

Calvary. The name does not inspireof the universe assert themselves. 

and unexpected ways the mysteries

cheerful associations, and CalvaryFinishedshortly before Johnson’s 

Gaol, with its grim façade and brutaldeath, this collection is the last word 

history, does nothing to improvefrom a writer whose work will live on 

the reputation. On a chilly night itsfor many years to come. 

ghosts can all but be heard chattering,
from the doomed political radical tothe dapper ladies’ man with a knife

The Secret Code-Breakers of 

in his sleeve, from the blackmailed 

Central Bureau: how Australia’s 

doctor to the spiritualist who fed, 

signals-intelligence network 

like a vampire, on the misery ofDavid Dufty World War I. Calvary is abandonedA groundbreaking work of Australian

helped win the Pacific War by 

now, but those ghosts are still calling,
military history, The Code-Breakers

and TV producer Chad Ingram can’tof Central Bureau tells the story of the

stop listening. With a crew and acountry’s significant code-breaking

journalist in tow, he resolves to filmand signals-intelligence achievements

in the prison’s execution chamber—
during the Second World War. It

sure it’s spooky, but with the bustlereveals how Australians built a large

and technology of the 21st century,
and sophisticated intelligence network

he can’t imagine they’ve got anythingfrom scratch, how Australian code-

to fear. Famous last words.Like all 
breakers cracked Japanese army and

of Sarah Rayne’s psychologicalair force codes, and how the code-

thrillers, The Death Chamber blends 
breakers played a vital role in the

different time periods, each with itsbattles of Midway, Milne Bay, the

own cast of characters, while never 
Coral Sea, Hollandia, and Leyte.The book alsolosing the plot threads.All the book reviews arereveals Australian involvement in the shooting from 

All Things By Jeff Brown 


An international team of researchers, working 
with two orcas at an aquarium in France, have 
found that the whales were able to replicate the 
sounds of human speech, including words like 
“hello” and “bye-bye,” as well as series of sounds 
like “ah ah.”The orcas could also imitate a human 
blowing a raspberry, or copy the sound of another 
orca, scientists say.You can hear the result in a 
video published by The Guardian, pulling from 
the scientists’ data.It suggests that whales could 
be learning vocal patterns from each other in 
the wild.That fits the observations of researchers in 
the field, who found groups of whales with “vocal 
dialects that are often referred to as traditions or 
cultures,” the researchers write. “Our results lend 
support to the hypothesis that the vocal variants 

observed in natural populations of this species 
can be socially learned by imitation.”Study: 
Friends’ Brains Mirror Each Other’s Responses.
These cliques really click. According to new 
research conducted on 279 grad students, 
besties’ brains have striking similarities. The 
Dartmouth College-UCLA researchers scanned 
participants’ brains while they viewed the same 
sets of video clips and observed that very close 
friends’ neurons fired in “exceptionally similar” 
ways. Scientists were then able to predict the 
intensity of a friendship by matching brain 
reactions. Future research will gauge whether 
we’re attracted to our brain doubles or if neural 
response patterns are influenced over time by the 
company we keep. 


The latest on Business News, Trends and 


By La Quetta M. Shamblee, MBA 


More and more, children and grandchildren are skippingthe traditional bank and obtaining loans from parents orgrandparents. Unfortunately, we have all heard stories offamilies torn apart because of disagreements over money.
So, what can you do to make sure your intra-family loanshelp — rather than hurt — your family?

As far as estate planning is concerned, money you lendto others is legally an asset. If you have lent money to afamily member, the presence of these assets in your estatecan be problematic for your surviving family members. Thisis because your executor and successor trustee are under alegal requirement, known as fiduciary care, to collect theoutstanding obligation, even if the other party is a familymember. 

If the amount of money that you have lent out is significant-- and “significant” can be relative -- it is important todocument it as you plan your estate. For example, if youwish to forgive the debt there are special terms that mustbe included in your trust or will for this to happen. On theother hand, you may want the debt to be paid out of theinheritance the borrower is otherwise receiving. In that 
case, the payment of the debt from the inheritance must beaddressed in your estate planning documents. 

A Brief Loan Primer 
A loan is a legal and financial arrangement where moneyis borrowed and is expected to be paid back with interest.
Generally, a loan involves a promissory note, which is asigned document by the borrower containing a writtenpromise to repay a stated sum of money to the lenderin accordance with a schedule, at a specified date, or on 

demand. In some cases collateral, like real estate or other 
property, is used to secure the loan. Collateral is somethingpledged as security for repayment of the loan. If the borrowerquits making payments, then the collateral can be taken bythe lender. 

Lending as an Estate Planning ToolWhen properly structured and well documented, loanscan be a smart estate planning tool for many families.
This is because lenders (usually grandparents or parents)
can essentially give access to an inheritance without anyimmediate gift or estate tax problems, generate a betterreturn on their cash than they could with bank deposits, andborrowers (usually children or grandchildren) can take outloans at interest rates lower than commercial rates and with 
better terms. In fact, the Internal Revenue Service allows 
borrowers who are related to one another to pay very lowrates on intra-family loans. Furthermore, the total interestpaid on these types of transactions over the life of the loanstays within the family. If structured and documented 
properly, intra-family loans may effectively transfer moneywithin the family, for the purchase of a home, the financingof a business, or any other purpose.

Sometimes loans can be used in sophisticated estate taxplanning strategies as a way to shift assets into special estate-
tax saving trusts. One variant of this technique is sometimescalled an installment sale to a grantor trust. Although thissophisticated strategy and others like it are usually onlyappropriate for those with a net worth of at least severalmillion dollars, other types of intra-family loans, perhaps forhome improvement, an automobile purchase, or a business,
can help families across the wealth spectrum.

There are a few important points to keep in mind regardingthese types of loans: the loan must be well-documented,
lenders should usually ask for collateral, the lender shouldmake sure the borrower can repay the loan, and the incomeand estate tax implications should be examined thoroughly. 

Deciding What You WantWhile you were kind enough to help a member of yourfamily by lending him or her money, do not let this becomea legal dilemma in the event of your incapacity or after yourdeath. Instead, use your estate plan to specifically expresswhat you want to have happen regarding these assets. Beforelending money, it is important to carefully consider how theloan should be structured, documented, and repaid. If youor someone you know has lent money and has questionsabout how this affects your estate plan, let us know and we’llhelp you find the answers. 

A local attorney and father, Marc Garlett is on a mission tohelp parents protect what they love most. His office is located 
at 55 Auburn Avenue, Sierra Madre, CA 91024. Schedule 
an appointment to sit down and talk about ensuring alegacy of love and financial security for your family bycalling 626.587.3058 or visit for moreinformation. 

Nature provides us with a bounty of lessons that canbe applied to business. Simple, yet profound, thefollowing presentation about migrating geese providessome poignant insight into what it takes to worktogether successfully as a team. This analogy includesfive facts relating to geese in-flight, with lessons that wecan apply to our personal and professional lives.

Fact 1: As each goose flap its wings it creates an“uplift” for the birds that follow. By flying in a “V”
formation, the whole flock adds 71% greater range thanif each bird flew alone. 
Lesson: People who share a common sense of directionand community can get where they are going quickerand easier because they are traveling on the thrust ofone another. 

Fact 2: When a goose falls out of formation, itsuddenly feels the drag and resistance of flying alone. Itquickly moves back into formation to take advantage ofthe lifting power of the bird immediately in front of it.
Lesson: If we have as much sense as a goose we stayin formation with those headed where we want to go.
We are willing to accept their help and give our helpto others. 

Fact 3: When the lead goose tires, it rotates backinto the formation and another goose flies to the pointposition.

Lesson: It pays to take turns doing the hard tasksand sharing leadership, as with geese, people areinterdependent on each other’s skill, capabilities and 

unique arrangement of gifts, talents or resources.

Fact 4: The geese flying in formation honk toencourage those up front to keep up their speed.
Lesson: We need to make sure our honking isencouraging. In groups where there is encouragement,
the productivity is much greater. The power ofencouragement (to stand by one’s heart or core valuesand encourage the heart and core of others) is thequality of honking we seek.

Fact 5: When a goose gets sick, wounded or shotdown, two geese drop out of formation and follow itdown to help and protect it. They stay until it dies or canfly again. Then they launch out with another formationor catch up with the flock.
Lesson: If we have as much sense as geese, we will standby each other in difficult times as well as when we are 

This rendition of “Lessons from Geese” was 
transcribed from a speech given by Angeles Arrienat the 1991 Organizational Development Network,
which has been broadly touted as being based on thework of Milton Olson. However, in a 2009 article 
written by Sue Widemark, she learned that the originalversion was written in 1972 by science teacher, Dr.
Robert McNeish for a sermon he delivered in his 
church. Widemark discovered this information 
while conducting additional research that resulted ina personal conversation with the daughter of MiltonOlson. 

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