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Your continuous engagement with HHF not only enables this critical work, but it also helps us plan for a future that improves the quality of life for the 48 million Americans affected by hearing loss. That is why this week (October 18-24, 2021) has been designated as National Estate Planning Awareness Week. One way to begin the conversation is to talk first about the need to plan for an illness and to provide instructions in the event they become too ill to communicate with doctors or handle financial matters for themselves. Insurance and Insurance Trusts. The Planned Giving Authority. Myth #1: Estate planning is for rich estate planning used to be a highly necessary strategy for avoiding estate (or death) taxes, this belief was less prevalent. Madison Estate Council Member, Wayne W. Wilson, stated, "Cooperation among the various financial and legal professionals is crucial to helping families develop and implement effective planning. He advises clients on ways to effectively and efficiently preserve and create intergenerational wealth by addressing their tax and personal concerns. Estate Planning is Important. In the past 5 years, there have been major changes in federal estate and gift tax law and federal law affecting retirement assets. If you have further questions about NEPAW, or if you want to learn more about how you can support the Henry County Community Foundation in your will, feel free to reach out. Helping your supporters create their wills is not only kind, but presents you with your last big opportunity of the year to promote legacy giving before donor attention shifts to families, holidays, and end-of-year giving. How to use estate planning to protect assets. The list should include their contact information so your family can easily reach them in the event their help is needed if you become disabled or die.

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National Estate Planning Week 2021

You can also rest easy at night, knowing that whatever the future holds, your loved ones will be cared for. It's a great week to celebrate our industry's work! Under English law, the Statute of Wills was established in the 16th century which allowed a landowner to pass along their land as they wished, whether that was to the eldest or not. Having a proper estate plan is important to ensure that you and your loved ones are taken care of. National Estate Planning Awareness Week was an effort spearheaded by the National Association of Estate Planners & Councils (NAEPC) and Rep. Mike Thompson (D-CA) (with 49 other Representatives on board). October 17th-22nd is National Estate Planning Awareness Week, and we'd like to encourage you to plan ahead, for you and your pets. Your estate plan can also be used to support charitable causes that matter most to you, such as the quality programs and educational services offered to our community by KPBS. If a person has worked hard to accumulate assets and wants certain people or organizations to benefit when they're gone, it's essential to put these instructions in writing, " says Beth Kougasian, Director of Major and Planned Gifts, Calvary Hospital. So, as we approach Estate Planning Awareness Week for 2022, we still have a good deal of education and encouragement to provide. Thank you for your dedication to our mission!

This week is the perfect opportunity for you to take action now to protect your loved ones, and build for your family a legacy that enriches the lives of those who need it most after you're gone. Here are a few other important ways you can make an impact on Scottsdale Arts while caring for your estate: - If you're 70½, you can make tax-free gifts from your IRA while still meeting your required minimum distribution. Currently, only about half (56%) of all Americans have an up-to-date estate plan in place. He serves as the Director of Taxes. More than half of all Americans die without a will. Want to discuss your estate plan or talk about the history of the estate tax?

National Estate Planning Awareness Week New

To understand that in full you could go all the way back to the Stamp Act of 1797, where a tax was passed to fund the Navy in an " undeclared war with France. " It's a more integrated approach to estate planning. It's Never too Early! For questions about charitable giving through your estate plan, contact Laurie Everhardt at 319-243-1352 or. They have a virtual seminar planned where - speakers will share information on life insurance, estate planning (e. g., wills, trusts, powers of attorney), and other related items. We provide a free estate planning guide on our website to direct you. A few simple steps today will give you peace of mind tomorrow. These statistics have improved some as a result of the global pandemic, but only slightly. Phone: (800) 846-1555. Has there been a divorce? In U. S. history, estate planning has been intricately linked with estate taxes because estate planning techniques are tools to reduce or even eliminate the Federal estate tax. These initiatives, You Can Fly and the AOPA Air Safety Institute, build a stronger, safer pilot community, and ensure a healthy future for GA for generations to come. It was briefly repealed and then re-enacted in 1932 and remained that way until 1976 when the gift and estate tax were consolidated. It is estimated that more than half of Americans – 56% – do not have an up-to-date estate plan.

RSVP today to join, and bring any questions you have so we can talk through them together. He has been named Best Estate Planning Lawyer for five consecutive years in the Waterbury Republican-Am e rican newspaper's Reader's Choice Awards. You first need to get a good list together of all of your assets and debts, and you need to think about your goals. Involve other family members in the conversation. Sunday, October 17, 2021. This month marks the start of our fiscal year and the new research cycle for our research programs, Emerging Research Grants and the Hearing Restoration Project. You may be able to reduce estate taxes. This includes those who may have outdated estate plans, which can be as dangerous as having no estate plan at all! Social proof can inspire others to feel that they can do it, too. The Community Foundation of Northeast Iowa encourages individuals to work with a professional advisor to create their own estate plan.

National Estate Planning Awareness Week 2023 Schedule

For example: "By adding just one sentence in their will, Veronica and Louis pledge their support for future Tech students, giving these deserving collegians the education they've worked so hard for. Public awareness promotes the importance of planning and working with the right professionals to achieve the right result for each family. Planned Giving – Central, World Vision US. We have too much living to do to "waste time" planning for our deaths. Speak with your attorney or estate planning professional today about making a bequest to BackStoppers. Have your family circumstances changed? A medical power of attorney enables you to designate a person you trust to make medical decisions for you when you are otherwise unable to speak for yourself. In your living will, you can specify whether you want to receive life support if warranted, and how long you want to be on life support.

The startup process, or Phase I, is the most critical and important phase of the planning as it is the mainstay of developing a successful event.

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