75 percent of African American families have less than $10,000 for retirement.
The Washington Post June 19, 2019
How do you successfully transfer what you have built and preserved? Contact Brooklyn Capital Collective at info@brooklyncapitalcollective.org.
Strategies:
Estate Planning An essential plan for anyone who wants to pass on a legacy. Like any other plan, the earlier it is in place the more likely it will be effective and accomplish your goals.
A Will The basic document by which people express their wishes and transfer their assets upon their death.
Living Trust Was once thought of as an estate planning document used only by the wealthy, however, it has become one of the preferred methods of transferring assets at death.
Health Care Proxy Is used to appoint a person, family member or close friend, known as an “agent” to make health care decisions for you in the event you lose the ability to make decisions for yourself.
Power of Attorney Appoints someone that you trust to handle your financial affairs.
Organize Have a plan and consult with an attorney who specializes in the transfer of assets and is licensed in the state where you reside.
Transfer
How do you successfully transfer what you have built and preserved? Contact Brooklyn Capital Collective at info@brooklyncapitalcollective.org.
Strategies:
An essential plan for anyone who wants to pass on a legacy. Like any other plan, the earlier it is in place the more likely it will be effective and accomplish your goals.
The basic document by which people express their wishes and transfer their assets upon their death.
Was once thought of as an estate planning document used only by the wealthy, however, it has become one of the preferred methods of transferring assets at death.
Is used to appoint a person, family member or close friend, known as an “agent” to make health care decisions for you in the event you lose the ability to make decisions for yourself.
Appoints someone that you trust to handle your financial affairs.
Have a plan and consult with an attorney who specializes in the transfer of assets and is licensed in the state where you reside.