08/04/2026
Building wealth is only part of the legacy—protecting it is the next step.
Estate planning experts say having a will, trust, and other key legal documents can help families avoid costly probate, reduce legal disputes, and ensure assets are passed on according to their wishes. Yet, according to Caring.com's 2025 Wills and Estate Planning Survey, only 24% of Americans have a will.
Whether you own a home, run a business, or are building wealth for the next generation, a legacy plan can help protect everything you've worked for.
Read more: https://www.blackenterprise.com/black-families-needs-estate-planning/
Financial experts say proactive estate planning can help families build generational wealth while avoiding costly probate and legal battles.