LOS ANGELES—March 4, 2025 | In an event aimed at fostering intergenerational wealth within Black communities, the Black Business Association (BBA), led by President and CEO Sarah R. Harris, partnered with Morgan Stanley to host the Legacy Building Symposium in downtown Los Angeles. bbala.org
Debunking Estate Planning Myths with Attorney Caprice Collins
The symposium featured a pivotal workshop presentation by Attorney Caprice Collins, titled “5 Estate Planning Myths Every Business Owner Needs to Know.” Attorney Collins addressed common misconceptions that often leave entrepreneurs vulnerable to legal and financial pitfalls.“Establishing an LLC or Corporation is a crucial step, but without integrating a comprehensive trust, your assets remain exposed. It’s imperative to align your business structures with estate planning to ensure seamless succession and protection,” Collins emphasized.Her insights heavily underscored the necessity of combining trusts with business entities to safeguard against probate complications and ensure that businesses transition smoothly to future generations.
A Unified Effort Towards Financial Empowerment
Under the leadership of Sarah R. Harris, the BBA has been instrumental in advocating for Black businesses. Harris’s commitment to bolstering Black entrepreneurship was evident throughout the event. “Building Black wealth isn’t just about individual success; it’s about creating a legacy that benefits our communities for generations,” Harris remarked during her opening address.The collaboration with Morgan Stanley provided attendees with access to financial experts, enabling personalized consultations and actionable strategies to enhance their financial planning.
Celebrating Black Women in Business During Women’s History Month
Coinciding with Women’s History Month, the symposium highlighted the achievements of Black women in business and finance. Sarah R. Harris, as the first female President and CEO of the BBA, exemplifies leadership and dedication to economic empowerment.“Our goal is to empower Black entrepreneurs with the knowledge and resources necessary to build and sustain wealth,” Harris stated, reflecting on the symposium’s objectives.
Take Action: Secure Your Legacy
March 19, 2025 | Online & In-Person Click Here to Register For those seeking to fortify their financial futures, the Collins Law Group is hosting an upcoming seminar on Wills, Living Trusts, and Asset Protection.
Attorney Caprice L. Collins is a top rated Harvard Law School graduate. She has 34 years of legal experience with a successful law practice devoted exclusively to Estate/Business Planning and Trust Administration. Attorney Collins is a well-respected keynote speaker on Wills, Living Trusts, Estate Planning, Business Planning and Trust Administration. She has appeared on California’s Real Estate Radio Station KTLK AM 1150 as a legal expert on Estate Planning and Living Trusts among many other notable media appearances Read More!
Latest posts by Caprice Collins (see all)
- The Asset They Forgot - August 12, 2026
- Your Trust Can Be Perfect and Your Family Can Still Panic - June 10, 2026
- Father’s Day Wisdom: If You Can’t Speak, The System Speaks For You - June 8, 2026
