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It’s time to think like a man and prepare a prenup

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Black couple having conflict (Photo: Photo by Alex Green via Pexels.com)

Divorce is, after all, a sensitive topic. It’s probably secure to say that the majority people don’t plan on getting a divorce. However, prenups are a sensible investment in protecting your assets if things go from higher to worse or intolerable.

While many ladies up to now have turned up their noses on the considered being asked to sign a prenuptial agreement, stepping into a prenuptial agreement also can save each parties money in the long term.

A black couple had an argument (Image: Photo by Alex Green, Pexels.com)
Black couple has conflict. (Photo: Photo by Alex Green via Pexels.com)

“You’re going to be around $20,000,” Fawn Dyer, a New Jersey divorce lawyer, said on the podcast. 8 At the table to the query of how much divorces can cost. Having a prior agreement will reduce unnecessary hours and fees related to fighting on your estate in court.

A preliminary agreement is a particularly necessary agreement for ladies because they file for divorce more often than men.

According to research by Rosenfeld of Stanford University, greater than 60 percent of divorces are initiated by women. One of the numerous the explanation why women determine to divorce is “unmet needs” emotionally or physically. According to Divorce.comaffection, help with household chores, and financial support are ways through which needs could be neglected in a marriage.

Although women still earn significantly lower than men, funds are different for ladies than they were for previous generations.

According to Pension Research Center at Boston College, one in three baby boomer women born between the mid-Fifties and the mid-Sixties has a college degree. That’s almost twice as many as their moms, who were born in the course of the Great Depression. College degrees mean that more women considered baby boomers worked more hours than women of the previous generation. An estimated three-quarters of ladies were working of their 30s and 40s, compared with 57 percent of ladies within the previous generation working at the identical level.

Women’s degrees and work ethic have been passed on to recent generations. As a result, the variety of Millennial women with at the least $5 million in assets increased by 10 percent. An estimated 67 percent of Gen Z women and 71 percent of Millennial women are investing beyond retirement, compared to 62 percent of Baby Boomer women.

In some cases, women are the breadwinners of the family. About 16 percent of U.S. women are breadwinners, up from 5 percent just five a long time earlier As reported by CNBC.

For black women data from the Pew Research Center shows that black wives are rather more likely than wives from other racial or ethnic groups to be breadwinners, which was the case in 1972. About one in 4 black wives (26 percent) earn greater than their husbands.

As more women acquire property and earn more cash, a divorce lawyer says it’s time for ladies, especially black women, to enter into a prenuptial agreement and make certain they’re second to none.

On the “Rich and Regular” website podcast with Julien and Kiersten Saunders, the couple talks to attorney Aaron Thomas, who argues that middle-aged Black women are most vulnerable to losing significant assets during divorce proceedings.

“It’s the most heartbreaking thing,” Thomas says. “There are women who’ve spent 20 or more years constructing their very own empire and they only thought, ‘OK, I do know he’s not likely working.’ “I know he’s not saving for retirement,’ and then they get a double whammy.”

Thomas says it’s a “double whammy” for ladies when their partner, who hasn’t contributed much to the connection, takes half of every little thing they’ve worked so hard for, including their property and pension.

“If you get married, you have to have a prenup,” Thomas says. “You either write your own contingency agreement or you have a default contingency agreement depending on the state you live in. “This contract… not only have most people not read it, but it was written in the 19th century when women couldn’t even own things.”

Halle Berry and Mary J. Blige are cautionary tales for ladies who marry without a prenup.

In Berry’s case, she must pay $8,000 a month in child support and 4.3 percent annually on any income she earns over $2 million to her ex-husband Olivier Martinez, to whom she was married from 2013 to 2016, regardless that she shared joint custody over children. Nahl’s daughter.

Since divorcing her husband and manager Martin “Kendu” Isaacs in 2016, award-winning singer Mary J. Blige has been a vocal advocate for ladies’s property rights. The judge ultimately sided along with her ex-husband, regardless that he was allegedly cheating. The judge ordered Blige to pay $30,000 a month in spousal support so Isaacs could maintain the approach to life the singer was accustomed to.

During a panel on the 2023 Women’s Power Festival and Summit, Mary J. Blige was asked about her thoughts on prenuptial agreements and her advice for wealthy women who could also be hesitant to seek one. The moderator explained that historically men have been known to ask for a prenup. However, in Blige’s case, she was the breadwinner and may benefit from having a family.

“Order a prenuptial agreement,” Blige he said. “Because I did not have one and that is why I just had to give all of it away. It’s so silly that men can come to you and demand alimony. So once I was trying to get a divorce, I assumed, “You mean to tell me I have to pay him and he cheated, lied, and stole?”

She continued, “You mean I have to pay him for cheating, lying to me, and ruining my life?” Yes, the law is that you’ve got to. So I say: order a prenup. Cover yourself.”

Both experts and wealthy women agree that it’s value considering concluding a prenuptial agreement that may protect your assets within the event of divorce. This is a practical way to protect your assets within the event of a heartbreaking marriage breakdown.


This article was originally published on : atlantablackstar.com
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Lifestyle

What is GiveTuesday? The annual day of giving is approaching

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Giving Tuesday, GivingTuesday, What is GivingTuesday, What is Giving Tuesday, #GivingTuesday, philanthropy, the Tuesday after Thanksgiving, seasonal giving, seasonal donations, charitable donations, theGrio.com

Since it began as a hashtag in 2012, Giving on Tuesdaythe Tuesday after Thanksgiving, became one of the largest collection days yr for non-profit organizations within the USA

GivingTuesday estimates that the GivingTuesday initiative will raise $3.1 billion for charities in 2022 and 2023.

This yr, GivingTuesday falls on December 3.

How did GivingTuesday start?

The hashtag #GivingTuesday began as a project of the 92nd Street Y in New York City in 2012 and have become an independent organization in 2020. It has grown right into a worldwide network of local organizations that promote giving of their communities, often on various dates which have local significance. like a vacation.

Today, the nonprofit organization GivingTuesday also brings together researchers working on topics related to on a regular basis giving. This too collects data from a big selection of sources comparable to payment processors, crowdfunding sites, worker transfer software and offering institutions donor really helpful fundstype of charity account.

What is the aim of GivingTuesday?

The hashtag has been began promote generosity and this nonprofit organization continues to advertise giving within the fullest sense of the word.

For nonprofits, the goal of GivingTuesday is to boost money and have interaction supporters. Many individuals are aware of the flood of email and mail appeals that coincide on the Tuesday after Thanksgiving. Essentially all major U.S. nonprofits will host fundraising campaigns, and plenty of smaller, local groups will participate as well.

Nonprofit organizations don’t have to be affiliated with GivingTuesday in any method to run a fundraising campaign. They can just do it, although GivingTuesday provides graphics and advice. In this manner, it stays a grassroots endeavor during which groups and donors participate as they please.

Keke Palmer Recalls the Key Advice Will Smith Gave Her as a Child:

Was GivingTuesday a hit?

It will depend on the way you measure success, but it surely has definitely gone far beyond initial efforts to advertise giving on social media. The day has change into an everlasting and well-known event that focuses on charitable giving, volunteerism and civic participation within the U.S. and all over the world.

For years, GivingTuesday has been a serious fundraising goal for nonprofits, with many looking for to arrange pooled donations from major donors and leverage their network of supporters to contribute. This is the start year-end fundraising peakas nonprofits strive to fulfill their budget goals for next yr.

GivingTuesday giving in 2022 and 2023 totaled $3.1 billion, up from $2.7 billion in 2021. While that is loads to boost in a single day, the trend last yr was flat and with fewer donorswhich, in accordance with the organization, is a disturbing signal.

This article was originally published on : thegrio.com
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BlaQue Community Cares is organizing a cash crowd for serious food

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QNS reports that Queens, New York-based nonprofit BlaQue Community Cares is making an effort to assist raise awareness of Earnest Foods, an organic food market with the Cash Mob initiative.

The BlaQue Cash Mob program is a community-led event that goals to support local businesses, reminiscent of grocery stores in Jamaica, by encouraging shoppers to go to the shop and spend a certain quantity of cash, roughly $20. BlaQue founder Aleeia Abraham says cash drives are happening across New York City to extend support for local businesses. “I think it’s important to really encourage local shopping habits and strengthen the connections between residents and businesses and Black businesses, especially in Queens,” she said after hosting six events since 2021.

“We’ve been doing this for a while and we’ve found that it really helps the community discover new businesses that they may not have known existed.”

As a result, crowds increase sales and strengthen social bonds for independent businesses.

Earnest Foods opened in 2021 after recognizing the necessity for fresh produce in the world. As residents struggled to seek out fresh food, Abraham defines the shop as “an invaluable part of the southeast Queens community.” “There’s really nowhere to go in Queens, especially Black-owned businesses in Queens, to find something healthier to eat. We need to keep these businesses open,” she said.

“So someone just needs to make everyone aware that these companies exist and how to keep the dollars in our community. Organizing this cash crowd not only encourages people to buy, but also shows where our collective dollars stand, how it helps sustain businesses and directly serves and uplifts our community.”

The event will happen on November 24 from 2:00 p.m. to 4:00 p.m. at 123-01 Merrick Blvd in St. Albans. According to the shop’s co-owner, Earnest Flowers, he has partnered with several other Black-owned brands in the world to sell his products at the shop. Flowers is comfortable that his neighbors can come to his supermarket to purchase organic food and goods from local vendors like Celeste Sassine, owner of Sassy Sweet Vegan Treats.

At the grand opening three years ago which was visited by over 350 viewersSassine stated that the collaboration was “super, super, super exciting” to the purpose that the majority of the products were off the shelves inside hours.


This article was originally published on : www.blackenterprise.com
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Keke Palmer Recalls the Key Advice Will Smith Gave Her as a Child: “It’s Hard to Be First”

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Keke Palmer, Keke Palmer Will Smith, Keke Palmer emancipation, keke palmer parents, Is Keke Palmer emancipated? theGrio.com

Like many young people, actress Keke Palmer went through a phase wherein she clashed along with her parents. Recently in a performance at “Toast” podcast.Palmer revealed that fellow actor Will Smith helped her take care of the situation along with her family.

As a child star who has appeared on Nickelodeon and Disney productions, the “Akeelah and the Bee” actress explained how juggling fame has affected her and her family relationships — a lot in order that she admits she once considered emancipating herself from her parents.

Although her lawyer tried to get her into counseling, Palmer said it was Smith’s words that ultimately modified her mind.

“A couple of weeks go by, I’m on the set of ‘True Jackson, Vice President’ and I get a call from a very, very unknown number. And I said, “What? If it was strange, I would not answer,” she said, mentioning that she simply went back to work. Later, while retrieving her phone, Palmer received a voicemail from the “Fresh Prince of Bel-Air” star.

“Hey Keke. This is Will. We’re here filming ‘The Karate Kid’ with (my son) Jaden and I just want to let you understand that I’ve talked (to your lawyer),’ Palmer continued, impersonating Smith. “He let me know every little thing you are going through and I need you to know that sometimes it’s hard to be the first, but you may do it. Just stay focused, love your loved ones and every little thing shall be high-quality.

Palmer remembers struggling as a child with the attention and fame that got here with climbing the ladder in the entertainment industry. While trying to adjust to the demands of her burgeoning profession, the actress recalls feeling that fame meant she would have to “throw (her) family away.”

“It’s something that happens when you leave and you can become a child artist, you can be the first person in your family to go to college, or you can be the first person in your family to get married,” Palmer said: explaining her feelings at that moment. “There are so many firsts that can happen as the generations of your family grow and evolve.”

Keke Palmer is reclaiming the “narrative” surrounding his relationship with ex Darius Jackson

Ultimately deciding not to undergo the emancipation process, Palmer emphasized the importance of getting a healthy community when navigating the entertainment industry.

“I think I’ve always felt like a lot of people, whether they’re big names or whether they’re my lawyers, have been a good community,” she added. “Also, my parents made sure I was around (people) who would encourage community rather than discord and separation.”

This article was originally published on : thegrio.com
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