MINNEAPOLIS, October 15, 2024 – The third annual Black Men’s Legacy Summit will be hosted by Build Wealth MN and its 9000 Equities partners on October 26th, 2024. This free event takes place at the RAC (Thor) Building, 1256 Penn Ave N. Minneapolis, MN from 12pm – 4pm.
The day will consist of panels of experts and individual speakers surrounding the topic of Generational Wealth Transfer. Delving deeper into these areas:
· ABCs of Estate Planning
· Wills vs Trusts
· Avoiding Probate
· Overcoming Bereavement Trauma
· Transferring Homeownership
Providing resources and guidance can help alleviate some of the stress associated with navigating the legal system after a loss. Focusing on how to create a comprehensive estate plan can ensure that wishes are honored and that loved ones are taken care of.
Jeffery Robinson, of Build Wealth MN states, “Not having an estate plan in place destroys families when something is left behind. It is essential to empower individuals with knowledge about estate planning, especially during such a challenging time. We as Black Men have an obligation to our families to make the transfer of generational wealth as seamless as possible.”
Notable panelists and speakers include Lee Lafayette of Lee Lafayette Law; Arthur “Ray” McCoy of McCoy Legal Services; Jamy Barreau, Esq; Bishop Larry Cook, Reverend Jerry McAfee; Reverend Runney Patterson; Bishop AZ Jones Jr.; and Master of Ceremonies Al McFarlane from Insight News/Conversations with Al.
9000 Equities is a collaboration of sixteen organizations consisting of financial coaching and housing counseling agencies, lenders, realtors, and other partners that are dedicated to closing the homeownership gap between African American and white households in Minnesota. Homeownership is a proven source of wealth building; however, underserved communities face persistent challenges in obtaining and maintaining their homes. In nearly every state, including Minnesota, African American households are less likely to own homes compared to white households.
This event is free and open to the public. A light lunch will be provided while supplies last.
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