Accountant and certified estate planner Sue Ann Ma has a range of experience in accounting and finances, including with Chase Bank, Hibernia Bank, and Seminal Financial Group. While at Chase Bank, Sue Ann Ma won received a Circle of Excellence Award. She also supports several charitable organizations, including the Red Cross.
The Red Cross does a range of charitable work including blood donations and disaster relief. The organization also places a special focus on supporting veterans, military members, and their families. Since 9/11, the Red Cross has provided support in different ways to over a million military families.
Volunteers from the Red Cross help at active military bases in whatever way they can, including providing home comforts or, in at least one case, bringing a dog to a command tent in Kuwait to build morale. The Red Cross also supports veterans, whether through providing food and shelter in emergencies or providing referrals for mental health or career counseling. The Red Cross aims to be present at any time, including before any emergencies happen, so veterans and military members know they have support when they need it.
A certified public accountant (CPA), Sue Ann Ma received her master of business administration from Lamar University. For more than 16 years, she has served as president of Seminal Financial Group, Inc., in Houston, Texas. In addition to her professional activities, Sue Ann Ma engages in charitable work with organizations such as the American Red Cross.
The American Red Cross provides a variety of life-saving services all around the world, including education and training courses in cardiopulmonary resuscitation (CPR), the use of AED defibrillators, and other areas of first aid. All Red Cross classes draw on the latest technology and science available, while also adhering to the Occupational Safety and Health Administration’s (OSHA) Best Practices for Workplace First Aid Training Programs.
The Red Cross offers a number of related services beyond the traditional two-year certification training programs, such as online training opportunities, free digital course materials, and various continuing education units. More information regarding courses, including locations for local classes, can be found at www.redcross.org.
Red Crescent Network
A financial services professional with more than two decades of experience, Sue Ann Ma, MBA, CPA, and CEP, provides tax and estate planning as well as accounting services at her Houston-based firm. Outside of her professional responsibilities, Sue Ann Ma is an active supporter of the Red Cross.
Specializing in disaster relief and emergency preparedness, the Red Cross’ global Red Crescent network recently partnered with the United Nations Development Fund and the United States Agency for International Development to alert people in Iraq of the threat posed by the potential of the Mosul dam collapse. Iraqi Red Crescent volunteers traveled door-to-door, providing crucial information and encouraging residents to download Red Crescent mobile apps, which feature potentially life-saving information, warnings, and alerts should the dam collapse.
Assessed as the world’s most dangerous dam by the US Army Corps of Engineers, the highly unstable Mosul dam has not received critical maintenance in recent years. If the dam were to collapse, roughly 45 feet of water would flood Mosul within four hours, while an expected 33 feet of water would flood Baghdad within four days.
Preparing a Will
Accomplished financial professional Sue Ann Ma, MBA, CPA, CEP, is the sole owner of a CPA firm in ShiMao Plaza China Town in Houston. Possessing more than two decades of experience in banking, accounting, and financial services, Sue Ann Ma helps her clients with everything from tax preparation to estate planning.
Preparing a will is one of the primary elements of planning your estate. Wills can be created either through a lawyer, online software, or independently. Regardless of the method you choose, you should start by drafting a list of your assets, including everything from bank accounts and real estate you own to sentimental heirlooms and furniture. Once you know what you have, you can start deciding on your beneficiaries. These are the individuals who will receive your assets. For many people this process is fairly quick, but complicated family structures can make it more confusing.
You must also decide who will be the executor of your will. The executor ensures your wishes are properly carried out. They handle such tasks as settling your debts, dealing with mortgages and paying taxes. Ideally, our executor should be someone who is responsible and trustworthy. You can name a child as the executor, but if they do not get along with their siblings there may be problems. Further, lawyers and banks can be executors; however they often include a fee. If your children are still under the age of 18, you can include information about who their guardian will be.