Building wealth as a first-generation wealth builder is a remarkable achievement, but preserving that wealth for future generations is just as important. Many first-generation wealth builders focus on earning and investing but overlook the crucial step of estate planning. Without a proper plan, hard-earned assets can be lost to probate fees, taxes, or legal battles….
Women of color have historically faced systemic barriers to financial security, from wage gaps to limited access to capital. Despite these challenges, many are breaking cycles of economic hardship and building generational wealth. One of the most powerful tools in this journey is estate planning—a key strategy for protecting assets and ensuring long-term financial security….
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