Sunday, December 29, 2013

The Street of Trust Companies

Once upon a time, the trust companies you passed on the street were monumental edifices, faced with granite and marble. By contrast, the trust companies on this street are little more than mail drops.

South Phillips Avenue, Sioux Falls, South Dakota
What do you suppose they'll be saying about the recent rash of Forever Trusts a century from now?

1 comment:

Jim Gust said...

It's likely that the feds will confiscate these trusts to close the funding gaps in Social Security, Medicare and Obamacare. So in 100 years there won't be anything to talk about.