National Estate Planning Awareness Week · October 16-22, 2017
Estate planning encompasses the growth, conservation, and transfer of an individual’s wealth through the creation and maintenance of 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 taking into consideration the unique circumstances of the family and the potential costs of different methods. All too often, we hear:
- "I'm too young to do estate planning."
- "All my property is titled in joint tenancy with my spouse so I don't need a will."
- "Estate planning is only for the super-rich."
- "Estate planning is too complicated and expensive."
- "Doesn't the government provide for that?"
- "We did our wills right after we got married 30 years ago and see no need for further planning."
The NAEPC Education Foundation was formed in 2005 with the purpose of enhancing the educational process for all members of the estate planning team and for the general public those practitioners serve. Its primary focus is on assisting the affiliated local estate planning councils that are members of NAEPC in their public outreach efforts.
Through its affiliation with the National Association of Estate Planners & Councils, the 260 local estate planning councils affiliated with NAEPC and their estimated 29,000 multi-disciplinary members, The NAEPC Education Foundation will meet the goal of educating the public about the need for estate planning by a qualified team of professionals.
If you seek advice and guidance with regard to your estate planning needs, please view our website and search for an Accredited Estate Planner® (AEP®) or Estate Planning Law Specialist (EPLS) designation holder in your area. These practitioners have taken steps to further the requirements of their primary discipline by obtaining and maintaining professional designations backed by ongoing continuing education, ethics, membership, and maintenance requirements. If you don't find the type of professional you are looking for, we recommend contacting one of the designees you see listed for a referral. As an additional resource, you may wish to contact an estate planning council in your community for a referral.
NAEPC & The NAEPC Education Foundation
Looking for more information? Try watching our one-hour program "Estate Planning in 12 Steps." Offered by Martin M. Shenkman, CPA, PFS, MBA, JD, AEP® (Distinguished) during National Estate Planning Awareness Week 2014, this program offers consumers an overview of critical estate planning steps every adult must take to protect themselves and their loved ones, necessary documents, and what ancillary steps should be taken. Each discussion is followed by an action list to help you get started!