Over a lifetime, we accumulate a wide range of assets—some personal, others real. Personal assets include money, jewelry, cars, art, furniture, and other valuables. Real assets often mean the home you live in, rental properties, or business buildings. Together, these represent wealth that can and should be passed down to the next generation.

Unfortunately, only 29% of African Americans have a will or trust in place to ensure their assets are transferred to their children or loved ones.

A will or trust is among the most important tools of estate planning. Without them, the assets you worked so hard to build can be lost to courthouse sales, tax liens, or even passed on to distant relatives you barely know. In the absence of proper planning, your family may never see the wealth you intended

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