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You also don't have to wait. The Community Foundation has a downloadable estate planning guide and other will planning resources available for free on their website at to help individuals get started. All too often, we hear: - "I'm too young to do estate planning. Nearly 70% of Americans still don't have an up-to-date will. Care Agreement Contract. Even if you don't have first-hand accounts, these stories can be powerful. Is Your Estate Plan ready for the next Hurricane or Emergency? This year, October 19 through October 25 is National Estate Planning Awareness Week. It's meant to help people understand what estate planning is and why it's so important. You may also wish to view our brochure, A Consumer's Guide to Collaborative Estate Planning.
NAEPC is pleased to offer its estate planning councils an "Estate Planning Day in a Box" kit to help councils get started planning a community outreach event. Here are a few tips to help you start the conversation. If you would like to schedule a free meeting with an attorney in our office, attend one of our free upcoming informational seminars. Topics will include: - Accounting for digital assets in your estate plan, - Estate tax planning focus shifts to income taxes, - Tax basis planning, - Planning for retirement income including MRDs, - Charitable planning. "The key to removing some of the anxiety surrounding estate planning is education and awareness. The representative shared his organization's plans for National Estate Planning Awareness Week, which include a full day of activities. What key topics should you consider? This campaign is an effort to highlight the ways that an estate plan can be essential to your financial wellbeing.
NEPAW was adopted by the House of Representatives in September 2008, in large part because it is estimated that over 56% of American do not have an up-to-date estate plan. Congress instituted National Estate Planning Awareness week in 2008 to help Americans understand estate planning and its role in a person's financial well-being. ACTEC Fellows Carole M. Bass and Ray Prather answer the questions that clients have surrounding estate administration, such as "what happens if someone dies without a will? " In recognition of National Estate Planning Awareness Week 2022, ACTEC shares key resources from the award-winning ACTEC Family Estate Planning Guide library. New in 2022, NAEPC has teamed up with profession leader Martin M. Shenkman, LawEasy, and several guests to provide our councils and members with access to short videos dedicated to consumers. If you have video testimonials or written statements from donors about the ease and flexibility of the process, put them front and center. ACTEC Fellows Emily Kembell and Natalie M. Perry explain of the roles and responsibleness involved in a will, trust, or estate plan such as fiduciary, agent, executor, trustee, and guardian. It's a great week to celebrate our industry's work! Counter with language like: - Do you have children? Madison-based Wilson Law Group attorney Daniel B. Purtell noted that estate planning is one of the most commonly overlooked areas of personal financial management. Changes in the law, family, business and other life circumstances can have sweeping effects in your planning. Married couples get an exclusion for each spouse, so a couple can leave up to $22. In 2022, it will take place the week of October 17-23. Partner Perley Grimes joined the firm as an Associate in 1969, becoming a Partner in 1974, which gives him decades of experience and valuable insights he shares with clients in developing an optimal plan of action.
See NAEPC, National Estate Planning Awareness Week October 18-24, 2021,, last visited October 17, 2021. Why do I need an Estate Plan anyway? "Our personalized counseling approach includes access to state-of-the-art document drafting systems that allow for customized family plans, a network of experienced colleagues throughout the country with whom we can collaborate, and superior educational resources that transfers into more thorough and appropriate plans for our clients, " Haslam stated.
If not, that's okay. "For some people, estate planning can be wrought with emotional minefields. Beneficiary designations offer built-in peace of mind. The National Association of Estate Planners and Councils (NAEPC) started this effort with the help of Congressman Mike Thompson of California in 2008. To bypass this, people would gift parts of their estates to their families to which the lawmakers responded to by passing a gift tax in 1924. There are so many ways to tell the story of estate planning awareness week on social media: - Ask members of your nonprofit board to post on their social media accounts.
Thankfully policy and society progressed, and now women and men have an equal right to inheritance and ability to convey assets. One benefit of having a week dedicated to estate planning awareness is that it reminds us of something we tend to forget. Or you can find an attorney at When: Now! For questions about charitable giving through your estate plan, contact Laurie Everhardt at 319-243-1352 or. These beneficiary names may need updating due to marriages, births, divorces or deaths in the family. Jacksonville, FL 32210. Since 2003, Calvary has hosted an annual trust and estates conference. And be sure to share this newsletter and what you now know about estate planning with everyone else that you love and care about. You can plan for the "what ifs"…what if I'm incapacitated, who will make health and financial decisions? Are your children no longer minors? Posted in: Announcements. Associate Director of Education.
Important pieces of your plan should include: Financial Power of Attorney – a document that lets you appoint someone (also known as your "agent") to manage your finances and property for you if you ever become unable to do so yourself. This can minimize estate taxes, protect your assets, and provide that your estate passes according to your wishes. Estate planning encompasses the growth, conservation, and transfer of an individual's wealth through the creation and maintenance of an "estate plan. " Wealth Advisor Resources.
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