A New Way To Think About Estate Planning
A Boston-area wealth planning expert is championing a different concept in estate planning that focuses on improving generational wealth based on need and circumstances as opposed to an even distribution of wealth to the surviving heirs.
Stephen Martiros, founder of Kindros, a non-profit website focusing on financial literacy for people of all ages, came up with the concept with his own family in mind.
The results have been “life changing” for several of his family members.
Rodney Brooks
An award-winning journalist, writer and author and my specialty is retirement planning and other personal finance issues. I have written for many national publications, including USA TODAY, The Washington Post, U.S. News & World Report, AARP and National Geographic. I am available to speak on personal finance, financial literacy and the racial wealth gap.
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The author tells the history of the Freedman’s Savings Bank, how it grew much too quickly, why it failed and the impact on Black America. The Freedman’s Bank offered a safe depository for formerly enslaved people, expanded quickly and gained millions in deposits – mostly ranging from $5 to $50. But inexperience and corruption doomed it to failure, costing may of the small depositors their savings.
