Nest Egg Briefs: The most tax-efficient ways to contribute to charities

Federal tax benefits for the charitably inclined have undergone a seismic shift over the past three years. Between the Tax Cuts and Jobs Act of 2017, the SECURE Act of 2019 and the three acts passed this year collectively known as the CARES Act, the federal government has not only changed the rules, but also built in some traps for the unwary.

Transactions for the week of July 1

Los Altos

1575 Grant Road, 1575 Grant Road LLC to P. Foxhoven for $7,700,000

On the Market: Could a reverse mortgage be right for you?

Reverse mortgages have a bit of an identity crisis. Many years ago, some unscrupulous lenders used them for nefarious purposes. That has all changed. Highly regulated now, reverse mortgages can actually be a wonderful solution in certain financial situations. There are several different types, so be sure to consult someone at your bank who specializes in them. And remember, there are other financial options that might be more appropriate for your situation, for example, a Home Equity Line of Credit.

Los Altos Farmers’ Market returns, to delight of vendors

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Marie Godderis/Town Crier

The Los Altos Farmers’ Market resumed June 25 after being canceled the prior week.

The day before the Los Altos Village Association canceled the June 18 Los Altos Farmers’ Market, Roli Roti was preparing to sell approximately 150 rotisserie chickens at that Thursday’s event. Instead, the veteran Bay Area-based food truck operation had to scramble to find another location, settling on a slot at DeMartini Orchard on San Antonio Road. The driver didn’t have to lose his hours, and the company could salvage some of the sales for the day.

Grassroots distribution brings big-city food to Los Altos

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Eliza Ridgeway/Town Crier
Azalina Eusope’s restaurant dishes translate, with modification, into local curbside food drops.

Los Altos’ latest form of secret dining is welcoming to all comers – a grassroots improvisation of volunteer maitre d’s, with fancy foods in compostably plated takeaway. Many local restaurants have been creating new family meal options and offering takeout on a scale never done before. The occasional big-city offering has started to make its way to Los Altos as well – and that’s bringing flavors and traditions previously impossible to experience in the 94022 sphere of eating.

Alkalign Studios brings workouts to the streets

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Marie Godderis/Town Crier
An instructor from Alkalign Studios leads an exercise class on the Bumble Green lawn on First Street in downtown Los Altos.

In a sign of a return to normalcy amid the COVID-19 pandemic, exercise classes popped up last week on the Bumble Green lawn on First Street in downtown Los Altos.


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