Estate Planning Quotes Quotes

“Estate planning can help your family create generational wealth and prevent more division among key family members.”
― David Angway

“It seemed Kaida was a bit too anxious about her mother's estate, all of it, to be exact. It worried Gail.
In a lucid moment, considering that Christmas was again approaching, Gail cleverly devised a quit claim deed giving her property to herself, Elsie, and Melanie with Kaida inheriting her mother’s share at her death. This would repair the damages done by her will. She filed this quit claim deed in a cabinet, meaning to ask an attorney about it with her potential bequests and concerns, but it slipped her mind. Instead, she shopped for gloves and slippers and bought other novelties that Christmas. She forgot to bring the deed to light.”
― Lynn Byk, The Fearless Moral Inventory of Elsie Finch

“Kaida's attorney suggested a quit claim deed as the best vehicle for transferring Gail’s home into Kaida's name with a limiting clause for a life estate for Gail. The single page was drafted on his computer.
When Gail asked Kaida why her beneficiary deed and her will were not sufficient, Kaida told her the new “trust” was more complete. It ensured that Grant and Paige would finally inherit her property at the end of Kaida’s life. It would also substantially help her build Kaida’s credit back from the bankruptcy to have her name on the deed.
Gail certainly loved Kaida and her grandchildren. Gail trusted Kaida’s promise to care for her in her old age, and she believed their funds had become hopelessly co-mingled, so that sitting in the attorney’s office that day, she finally agreed to sign the trust document with a “joint tenancy life estate” on her property. It felt like a business transaction. It was only right to incentivize Kaida for her promise to care for her in her old age.”
― Lynn Byk, The Fearless Moral Inventory of Elsie Finch

“Estate planning starts with understanding your value and doesn't stop after your demise.”
― David Angway

“Planning your estate ensures that your family's future is secure and harmonious after you're gone. Properly organizing the distribution of your property prevents conflicts and misunderstandings, fostering respect and unity among your loved ones.”
― David Angway

“Creating your personal estate plan is a must, especially if you have a complicated family relationship.”
― David Angway

“Wills: Best for simple estates, designating guardians for minors, and straightforward asset distribution.”
― David Angway

“The Lost Estate is more than just a guide to financial planning—it’s a call to action for African-American and Hispanic families to take control of their legacy. This book empowers readers with the tools to protect their assets and build generational wealth for future generations.”
― Jermaine E Whiteside, The Lost Estate: A comprehensive guide to estate planning for African-American and Hispanic communities