Honoring the Past, Securing the Future 

Black History Month is a time to celebrate the strength, resilience, and achievements of Black communities while also recognizing the challenges that continue to impact financial security and generational wealth. At Secured Futures, we believe that financial empowerment is key to building a lasting legacy, and our trust services can play a crucial role in helping families protect their assets, maintain essential benefits, and plan for future generations. 

The Wealth Gap: Understanding the Challenge 

Historically, Black families have faced systemic barriers to wealth-building, including redlining, employment discrimination, and limited access to financial resources. Today, the racial wealth gap remains significant: 

📊 The median wealth of Black households is about $24,000 compared to $188,000 for white households (Federal Reserve, 2022).

📊 Only 33% of Black families inherit wealth compared to 65% of white families (Brookings Institute).

📊 Black individuals with disabilities face higher rates of financial insecurity, with fewer savings and assets to rely on in times of need (National Disability Institute). 

These disparities make long-term financial planning and protection more important than ever—ensuring that families have the tools they need to secure financial stability, protect assets, and build generational wealth. 

How Trust Services Can Help Protect & Grow Wealth 

Secured Futures provides Pooled Special Needs Trusts and Preservation Trusts that help individuals and families: 

✅ Protect assets while maintaining eligibility for government benefits like SSI and Medicaid.
✅ Secure generational wealth by ensuring funds are managed responsibly for loved ones.
✅ Plan for the future with professional trust administration that eliminates financial uncertainty.
✅ Prevent financial exploitation by placing funds in a secure, managed trust account. 

By leveraging Special Needs Trusts, Preservation Trusts, and estate planning tools, Black families can break cycles of financial instability and create a lasting legacy for future generations. 

Building a Legacy for the Future 

Financial empowerment is about more than just saving—it’s about strategically planning for the next generation. This Black History Month, we encourage families to explore how trust services can be a powerful tool in preserving wealth, securing financial stability, and ensuring a brighter future for loved ones. 

💡 Want to learn more about how our trust services can support your family’s financial goals?

Contact Secured Futures today to start planning with confidence. 

#BlackHistoryMonth #FinancialEmpowerment #GenerationalWealth #SpecialNeedsTrust #SecuredFutures #PlanForTheFuture #WealthBuilding 

For more posts like this, follow Secured Futures everywhere you can find us online, and check out our Blog for articles that cover topics just like this one!