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About National Estate Planning Awareness Week
Family & Friends , Civil Rights
United States
Ends: Oct 27, 2024
DESCRIPTION:
More than half of Americans, an estimated 56%, do not have an estate plan, making estate planning a critically overlooked component of financial health.
National Estate Planning Awareness Week (H. Res. 1499) was adopted on September 27, 2008, to help consumers understand estate planning and its needs and how best to create a qualified team of professionals to assist in the planning process.
Estate planning encompasses the growth, conservation, and transfer of an individual’s wealth through creating and maintaining an “estate plan.” The purpose of estate planning is to develop a strategy that will maintain the financial security of individuals through their lifetime and ensure the intended transfer of their property and assets at death while considering the family's unique circumstances and the potential costs of different methods. A properly-created team of professionals may include but is not limited to, the attorney, accountant, trust officer, and credentialed insurance financial planners, all working together to benefit their client.
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