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People don't want to spend the money, have the difficult conversations or even think about being older, disabled, or dying. Last, but not least, procrastination still remains the #1 silent killer of most estates. Many organizations are taking this opportunity to inform donors of National Estate Planning Awareness Week via newsletters, sending brochures, and making calls. Time is running out to take advantage of the increase in gift tax exemption provided by the Tax Cut and Jobs Act. P. S. If you have already made a planned gift through your will or estate plans, we'd love to know so we may thank you during your lifetime. To make an appointment, please contact Michele at. The National Association of Estate Planners & Councils (NAEPC) is the association of choice for estate planning professionals. Planning a Community Outreach Event. Check your beneficiary designations on assets that are not transferred by your will, such as retirement accounts, bank accounts and life insurance policies. What key topics should you consider? Do you have a plan in place for your pet? It can also be a way to provide for charities and good causes that are important to you.

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Donors will welcome your concern for their legacies and value the educational content and encouragement you provide. Learn more about the Heritage Society and supporting United Way of Pickens County in your estate plan by visiting the Heritage Society webpage. October 17th-22nd is National Estate Planning Awareness Week, and we'd like to encourage you to plan ahead, for you and your pets. To learn more about the most recent conference click here. Let them know everything you have planned, whether that be educational content, events and webinars or personal outreach. To that point, the individual American citizen of today has the freedom to plan for the distribution of property as wished without approval needed or mandate defining who can and cannot be a beneficiary. We recently shared a free online tool, offered through our friends at FreeWill, that guides you through the process of creating a legally valid will in just 20 minutes. ABOUT WILSON LAW GROUP, LLC: Practice Specialty firm: Estate Planning, Business Succession Planning, Elder Law and Medicaid Planning, Estate Administration. He may be reached by email at. 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. Nevertheless, according to a 2019 survey carried out by, 57% of adults in the United States have not prepared any estate planning documents such as a will or trust despite the fact that 76% viewed them as important. Sincerely, Monte Walker. It's an important way to secure the work of our organization for years to come and allows you to create a legacy with a cause that is close to your heart.

An experienced estate planning attorney can help you and your family members create an estate plan tailored to meet each of your unique needs and carry out your wishes—or help you update a pre-existing estate plan. Have the proper powers of attorney been prepared? Planned Giving WikiLearn and prosper! Estate planning is not a one-size-fits-all endeavor and it needs to be reviewed and customized over time to best protect each client and their loved ones. Will – a legally binding document that directs who will receive your property and assets. As National Estate Planning Awareness Week emphasizes, the best time to initiate an estate planning process, or to update existing plans and documents, is now.

Partner Robert Fisher, Jr. is experienced in creating and administering trusts, and in drafting wills and living wills, durable Power of Attorney documents, health care directives and other related planning tools. Is your estate taxable? The NAEPC is made up of 2, 000 Accredited Estate Planner designated professionals, 270 affiliated local estate planning councils, and 30, 000 members with ongoing education and a forum for networking within the estate planning community. More than half of all Americans die without a will. 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. Put yourself in their shoes, and keep in mind that few people are eager to dwell on the subject of their own death. Remind People That Wills are For Everyone. This year, October 19 through October 25 is National Estate Planning Awareness Week. Within you will find materials to assist in organizing and forming the foundation for a successful Estate Planning Day. Things we see as routine daily matters are actually overwhelming foreign concepts to many of the people around us. The NAEPC had this message for Councils: NAEPC's goal is to work with affiliated local councils to reach every American annually with a reminder about the need for estate planning. Its goal is to raise awareness about the importance of estate planning and add urgency for people to get their wills done.

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At the conclusion of the seminar, all attendees will be offered a free attorney consultation and will be eligible for a fee discount. It's one of the greatest benefits that come from getting your estate plan done. 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. Visit our website to see how easy it is to get started. Our partner, Freewill, is offering you free access to an online estate planning platform that lets you complete your plans in under 20 minutes, so that you can protect all that you love and have a plan in place for your pets. Jacksonville, FL 32210. Make a gift of stock and avoid paying capital gains taxes.

The BackStoppers is very grateful for this support. Wealth Advisor Resources. Do you have a young family? Why do I need an Estate Plan anyway? 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. While it's often noted that more than 50 percent of adult Americans don't have an estate plan, one new survey indicates that it may be closer to 70 percent of adults who lack an estate plan. Changes in the law, family, business and other life circumstances can have sweeping effects in your planning. Determine Who Will Have Power of Attorney over Your Finances. It can be helpful to make these decisions in advance so your loved ones don't have to make them for you when you are incapacitated. The Importance of Estate Planning Estate planning can be a tough topic to talk about. This means an individual can leave $11. Here's how to get your estate in order. Do you have a last will and testament and/or a trust? In modern political history, the estate tax has seen a few major changes; it was entirely revoked in the 2010 calendar year after 2001 legislation phased out the tax.

"Joining the legacy society allows our members to ensure their families are financially safe and to give back to a passion that has given us all so much, " said Elizabeth Tennyson, senior vice president of the AOPA Foundation. Don't hesitate to contact me. If you gift now, you may be able to gift more without paying estate and gift tax liability. You will help your family know your wishes concerning end-of-life decisions and funeral. Unfortunately, women were often excluded entirely from estate planning; assets were only distributed amongst male heirs at law and women were disinherited. As we approach the end of 2022, it is a good time to create your estate plan or to have your current estate plan reviewed.

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One of the more effective approaches is the process of collaborative planning. "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. An estate plan can provide significant peace of mind by ensuring your assets are protected, plans are in place in the event you become ill, and your property is passed down according to your wishes. It's a more integrated approach to estate planning. Create a will that lets you specify who will serve as guardian for any minor children, pay your final bills and distribute your property, close your financial and social media accounts, become the caregiver for your pet, inherit your property, etc. Simply naming ASA as a beneficiary on a life insurance policy, bank or brokerage account can be done quickly and costs you nothing. Pull quotes from donor stories to share on social media. Many of the respondents said this was due to procrastination, but many others mistakenly believed that it was not necessary because they did not have many assets. Seventy percent of Americans don't have an up-to-date will or estate plan, but everyone needs one, whether you're 18 or 80. We provide a free estate planning guide on our website to direct you. Courses, lessons, webinars on personal and professional development, including CFRE-accredited Planned Giving Boot Camp. Estate Planning Resources for Professionals. As an additional resource, you may wish to contact an estate planning council in your community for a referral. You'll need a will to ensure that your children will be cared for by the people you want as guardians.
You can accomplish this through giving a planned gift, also called a legacy gift, as part of your estate planning process. Have you acquired property? And tell your followers what you want them to do with appropriate calls to action: - Download our free brochure Estate Planning Starters. The past two years have encouraged a lot of people to create a will or estate plan.
There's no better time than right now. Estate planning should not be overlooked and is an essential element of financial and tax planning. Learn more about CalvaryCare® and supporting our mission. Over 650, 000 people have written a legally valid will using FreeWill's self-help solutions for common estate planning needs.

Do you need to transition your business to the next generation? An estate is a broad term that refers to the property and land controlled or owned by an individual. CHS is proud to offer a free PETtalk webinar, "Can You Trust Your Pet? " 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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