Exclusive: Attorney Amber C. Saunders talks generational wealth and how Black Americans can prioritize estate planning

Estate planning is a concept that many people, particularly in communities of color, tend to overlook. However, as Attorney Amber C. Saunders explains, the implications of not planning for the future can be devastating. In an exclusive interview with ADW, Saunders shared her personal story of how she transitioned into estate planning and the significant role it plays in preserving wealth for future generations. “I thought I was going to do criminal law, but when my grandmother got diagnosed with dementia and she was the only person who did anything,” Saunders explained. “She had long-term care, all the appropriate insurance, she transferred the house, and had power of attorney. It was easy for my mom and uncle to take care of her.” However, after witnessing her mother’s struggles managing her uncle’s estate without a plan in place, Saunders realized how crucial estate planning is, especially in the Black community, where it’s often neglected. “My uncle and my mother were in probate court for three years, flying back and forth to Massachusetts to manage the probate because he didn’t do any estate planning. It was really hard on my mom.” It inspired me to transition and add estate planning to my...