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Legacy Wealth Planning Seminar: Protecting Your Family & Leaving a Legacy

Earlier this year, my sister Portia made a life changing decision to focus her law practice exclusively on helping families protect their assets and loved ones using estate planning and elder law. In fact, she joined the American Academy of Estate Planning Attorneys, an exclusive national membership organization that is committed to providing law firms with the tools, education, and resources they need to educate families about estate planning. The reason for the shift in focus was to provide real value to black and brown communities, by teaching people how to create and sustain generational wealth. 

Many families here in Los Angeles are lacking the education and resources they need to protect themselves from excessive taxes, probate, divorce, lawsuits, incapacity, and rising long-term care costs. Sadly, according to a 2010 survey conducted by Forbes, most seniors don’t have any estate planning in place. Only 48% of those 65 and older have basic documents such as a financial power of attorney, authorizing someone to make financial decisions for them if they are incapacitated, and less than 60% have healthcare powers. Even fewer have a Will or Trust in place. But to make matters worse, many people who have gone through the steps of creating a Will or Trust think they are protecting their families and passing on their wealth, but most of them are making critical errors with traditional “bare bones” estate plans that don't accomplish their goals. This problem is growing as America ages. Nationwide, 10,000 baby boomers are turning 65 every day, and will continue to do so for the next 20 years. 

That’s why we want to help make a difference in the lives of local families. Estate planning is an essential process that provides a wide range of benefits for our families and ourselves while we are alive, with additional protections long after we’re gone.

I am personally inviting you to attend Wood Legal Group's special “sneak peak” seminar, at which Portia will be covering a variety of estate planning options.

During the course of the evening, Portia will address many common concerns and myths, and by the end of the seminar you’ll discover:

  • How traditional estate planning has failed to protect most American families 
  • The advantages and disadvantages of Wills and Living Trusts
  • How to maintain your privacy and protect your estate against a living probate if you become disabled (Hint: not all Powers of Attorney are valid!)
  • How to plan before you need Long Term Care
  • How to leave property to your children – yes, there’s a right way and wrong way!
  • Why putting property in children’s names may be a mistake
  • How to protect your children’s inheritance from their future ex-spouses, lawsuits, and other claims
  • How to preserve your estate for your kids if your surviving spouse gets remarried
  • How Probate works and more importantly, how you can avoid the expense, publicity and delays of Probate altogether!
  • How you can qualify and use Medicaid to pay for nursing home expenses which are over $9,300 per month, locally
  • How to provide for children and grandchildren with special needs
  • How to protect your business and personal property from the ravages of potential lawsuits
  • How to protect the value of your IRA or retirement plan as an inheritance
  • The downsides to Joint Tenancy and how to avoid them using a proper estate plan

If you would like to join us for this practice run seminar, please email us at to reserve your seats by March 30th. If you have someone you’d like to invite to come with you, we would love to meet them. 

This evening will also be a great chance for us to gather. I look forward to seeing you and hearing your feedback about this exciting new program.