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Home » Alzheimers Awareness » When Memory Fades, So Too Does Wealth: How Alzheimer’s is Accelerating the Racial Wealth Divide—And What We Can Do About It

When Memory Fades, So Too Does Wealth: How Alzheimer’s is Accelerating the Racial Wealth Divide—And What We Can Do About It

April 8, 2025Asset Protection, Generational Wealth, Alzheimers Awareness

There’s a story playing out every day in living rooms across America—quietly, invisibly, and devastatingly. A mother begins forgetting names. A father repeats himself. A once-vibrant grandmother loses track of where she is, or worse—who she is. It’s Alzheimer’s. And while the disease touches all communities, its grip tightens disproportionately around families of color.

April marks National Minority Health Awareness Month, and with it, a sobering truth: Black and Latino Americans are up to twice as likely as white Americans to develop Alzheimer’s or another form of dementia. But here’s what’s often missing from that conversation—the financial fallout. Because Alzheimer’s doesn’t just rob memories. It robs futures. It bankrupts dreams. And it rips through family wealth faster than almost any other condition.

Alzheimer’s is, in essence, an economic disease masquerading as a health crisis. It’s the emergency room visit that wasn’t planned for. The 24-hour care that isn’t covered. The family home sold too soon, too cheap. It’s a son dipping into his savings to cover mom’s medications. A daughter walking away from her job to become a full-time caregiver. This is how generational wealth disappears—not in dramatic legal battles, but in quiet, grinding erosion.

At Collins Law Group, we’ve spent over 40 years helping families of color fight that erosion.

Because the truth is, this isn’t just about memory loss. This is about ownership. About protecting the home your grandfather built. About making sure your children inherit more than just heartbreak. This is about legacy.

And legacy doesn’t happen by accident—it’s created by design.

That’s why we’re inviting you to join our Wills, Living Trusts & Asset Protection Seminar on April 17th—a free, in person event where we’ll unpack the exact tools you need to protect what matters most. From avoiding court and confusion to ensuring your healthcare wishes are honored, this seminar is about giving you control in a world that often feels chaotic.

Thursday, April 17th at 10:00 a.m. and walk away with a plan—not just for your estate, but for your legacy.

Collins Law Group
3330 W Manchester Blvd, Inglewood, CA
Thursday, April 17th | 10:00 a.m.

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Reserve Your Spot Now – April 17th Seminar

Let’s not sugarcoat it: the racial wealth gap in this country has barely budged in over 30 years. Median white household wealth still dwarfs that of Black and Latino families. But what if the next three decades looked different? What if the way we close that gap isn’t just through marches and policy—but through paperwork? Through planning? Through the quiet, radical act of getting our house in order?

Estate planning is not just for the wealthy. It’s for the wise. It’s for those who understand that protecting your assets means protecting your story—your sacrifices, your love, your power.

This April, let’s take action. Let’s make Alzheimer’s a wake-up call—not a death sentence for your family’s future.

Join us on April 17th for a conversation that could change the trajectory of your legacy.

Because your memory may fade—but your legacy doesn’t have to.

Register Here for the April 17th Wills & Living Trusts Seminar

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Caprice Collins
Caprice Collins
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!
Caprice Collins
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

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Client Review
August 19, 2020
    

“My mother told me about the Collins Law Group and I must say, the entire experience has been a real pleasure. Although I was nervous at first, the Collins Law Group staff put me at ease with their friendliness and knowledge. I didn’t realize how hard it could be on your family and loved ones left behind if you die without any planning or directions in place for them. My biggest concern was making sure my elderly mother would be provided for and taken care of if something happened to me. I have been a caregiver for her for 12 years, so this planning was crucially important. I had previously made a living trust for myself on Legal Zoom but there is no comparison to the level of service and professionalism that Collins Law Group embodies. Attorney Collins and her staff provides excellent service and it will take a large burden off of my family when they need guidance at the time of my passing.”

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