[May 26, 2019] Thank you, Robert Smith and family, for committing to pay off the student loans for the Morehouse College class of 2019. What an extraordinary gift that will make an incredible impact on the lives of graduates, their families, and the African American community for years to come. Like so many others, our jaws dropped in amazement when we heard the news! What a wonderful way to place Black philanthropy front and center. African Americans are not only the recipients of … [Read more...]
Homelessness in Los Angeles: A racial issue
Los Angeles, the city of palm trees, sunshine, and median temperatures of 65 degrees Fahrenheit, has experienced somewhat chillier temperatures and heavy rains this winter. Regardless, L.A. is still a place many people want to move to. The false hope to become a Hollywood star leaves many on the streets and representing broken dreams. While this scenario is familiar to “Hollywood,” the sad aspect of the homeless epidemic in L.A. is that the majority of homeless people are of African-American … [Read more...]
A Black Community Solution to Student Loan Debt
Thank you, Robert Smith and family, for committing to pay off the student loans for the Morehouse College class of 2019. What an extraordinary gift that will make an incredible impact on the lives of graduates, their families, and the African American community for years to come. Like so many others, our jaws dropped in amazement when we heard the news! What a wonderful way to place Black philanthropy front and center. African Americans are not only the recipients of philanthropy – we are … [Read more...]
Taxes, Death and Trouble
When someone passes away, there are three separate taxes to consider: property taxes, income taxes and inheritance taxes. Here is some general information concerning these taxes, however, I am not a C.P.A. or a tax professional. For further information or tax advice, please see a qualified tax professional. As most California property owners know, any increase in our property taxes from year to year is relatively small thanks to Proposition 13. Generally speaking, if real estate is transferred … [Read more...]
Women Must Look Beyond Social Security to Help Fund Retirement
Women tend to depend more on Social Security for several reasons, including longer life spans, lower average earnings and more time spent away from the workforce to care for family members. Nearly half of all senior unmarried women receiving Social Security benefits rely on them for 90 percent or more of their total income, according to the Social Security Administration. But this isn’t by choice, because Social Security payments by themselves are not enough to fund retirement. If you’re … [Read more...]
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