This information should be kept in a safe place and shared only with trusted family members or loved ones. National Estate Planning Awareness Week is also a perfect time to spread awareness about your council to prospective members. 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.
A financial power of attorney will allow you to designate an individual to make financial and property decisions for you should you become unable to handle your own affairs. "Establishing a will is the easiest way for individuals to ensure their wishes are fulfilled after their death, " said Laurie Everhardt, director of development for the Community Foundation of Northeast Iowa. Center for Major Gifts. So what is an Estate Plan, anyway? Announce Estate Planning and Awareness Week early with your email and social media content. National Estate Planning Awareness Week, or NEPAW, is an awareness week founded by the National Association of Estate Planners & Councils in 2008. "That trend is troubling given how much is at stake for individuals and families, and that includes all families, not just those with significant wealth or means. Additionally, it is not sufficient for adequately appointing someone to step in and take control if you should become ill or disabled (think about the Britney Spears Conservatorship nightmare). Thank you for your dedication to our mission! Sure, you won't see decorations for sale for National Estate Planning Awareness Week…but you can still celebrate by discussing your estate planning needs and goals with a qualified, experienced estate planning attorney. 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.
Myth #2: A Will is sufficient. Our tax attorneys concentrate in sophisticated estate planning techniques and work closely with each of our clients to effectively accomplish their individual goals. The You Can Fly program and the Air Safety Institute are funded by charitable donations to the AOPA Foundation, a 501(c)(3) organization. Taking time to plan your estate may seem like a daunting task, until you realize all the good that comes from having an estate plan. An estate is a broad term that refers to the property and land controlled or owned by an individual. Wealth Advisor Resources. P. S. Have you already included a gift to CHS in your will or trust? Medical Power of Attorney – a document that names someone (also known as your "attorney-in-fact" or your "agent") to step in and make medical decisions on your behalf. ABOUT WILSON LAW GROUP, LLC: Practice Specialty firm: Estate Planning, Business Succession Planning, Elder Law and Medicaid Planning, Estate Administration. "This amazing gift from a special person allows our new legacy society members to make an immediate impact by documenting their future legacy gift, " Tennyson added. Trusts and Estates Alert: National Estate Planning Awareness Week. Proper planning is especially important for married parents with children from previous relationships to avoid disinheriting these children. In addition to protecting those you love, we want to share one powerful way you can support the Henry County Community Foundation in your estate plans that will cost you nothing during your lifetime- making a gift of your will. Counter with language like: - Do you have children?
Calvary has developed a reputation for presenting timely topics with distinguished panelists that help keep attorneys current on changes in the law, and in their ethical and professional responsibilities to clients. Myth #3: Estate planning is only about who gets my assets when I people view estate planning as solely about what happens to your assets when you pass away; however, as mentioned above, estate planning goes far beyond that. Planned Giving – Central, World Vision US. Determine Who Will Have Power of Attorney over Your Finances. Friends of HabiJax, It's National Estate Planning Awareness Week (October 17-23) and we're sharing a resource that can help you support your future and protect your loved ones. Make a gift of stock and avoid paying capital gains taxes. Do you dream of making the world better a better place? Advance Healthcare Directives allow you to express your values and desires related to end-of-life care. Fax: (904) 329-1567. In September 2008, Congress passed H. Res. October 18-24 is National Estate Planning Awareness Week, a time to call awareness to what estate planning is and why it is an important part of a personal financial plan. 18 million to heirs and pay no federal estate or gift tax. Living Will/Advanced Healthcare Directive.
The best way to get started is with my free (and no obligation) Estate Plan Questionnaire. In 2008, Congress recognized the need for the public to understand the importance and benefits of estate planning by passing House Resolution 1499, which designated the third week of October as National Estate Planning Awareness Week. Does your council want to do something for National Estate Planning Awareness Week, but isn't quite ready to jump in to an in-person event? Once you have a list of all your assets and liabilities, try to compile documentation for each item on your list in one place. Some of the benefits of estate planning include being able to protect the friends, family, and pets you love. Since 2003, Calvary has hosted an annual trust and estates conference. This is the first of a week's worth of articles all dedicated to the topic of estate planning as a part of National Estate Planning Awareness Week.
Emphasize numbers that help them understand the concept that "people like you do things like this. " These critical and necessary documents should all be completed in writing, and the contents should be shared with the person, or persons, named. National Estate Planning Awareness Week was established in 2008 to create public awareness of the necessity of estate planning. They didn't know about the week – or seemed puzzled as to how it was of interest to the lively chatter they had been engaged in. National Estate Planning Awareness Week, Oct. 17-23 this year, was adopted by the U. S. House of Representatives in 2008 as a way to highlight the importance of estate planning for individuals, families, and business owners. Here's how you can join them.
According to a study by the National Association of Estate Planners and Councils, 56 percent of American adults do not have an up-to-date estate plan, which could leave their financial future, and that of their families, in doubt. When you first think about planning for the future, it may seem daunting to draft these documents, until you realize all the good that comes from having them. The information below will shed additional light on the topic: 1. Its goal is to raise awareness about the importance of estate planning and add urgency for people to get their wills done. In addition to the items above, there are other complicated matters involved with estate planning. But, estate planning is much more than about estate tax avoidance and protection, it also dictates how your assets will be managed and distributed in the event that you become ill, disabled or pass away. Cramer & Anderson's Estate Planning services include: - Last Will and Testament. Beneficiary designations offer built-in peace of mind.
On a separate paper, make a list of your liabilities. Are you planning on selling your business soon? "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. As estate planning attorneys, we are well aware of the need to do estate planning. For more information, see the firm's website or call the flagship office in New Milford at (860) 355-2631.
Unfortunately, the need for estate planning is commonly overlooked. 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. Join other loyal public media supporters by requesting your FREE organizer, then get your estate plan off the ground. Visit for a free estate planning guide. 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.
Here's how to get your estate in order. This document can also be obtained in a Word format by contacting NAEPC. Share Quick-Hitting Stats. If you've started a savings plan through your employer—even if it's only $500—it's an asset.
Associate Director of Education. 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. Let Donors Talk for You. Last, but not least, procrastination still remains the #1 silent killer of most estates. 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.
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