National Estate Planning Awareness Week Oct. 16 – 22

The third week of October is National Estate Planning Awareness Week. Bringing awareness and educating the public about estate planning is crucial to not only keeping families out of Probate Court, but also for helping manage, preserve and distribute their hard-earned assets to their loved ones, as they wish.

To help spread the word about estate planning and National Estate Planning Awareness Week, Wenzel Bennett & Harris, PC is sharing a helpful library of videos on a wide variety of subjects produced by the American College of Trust and Estate Counsel (ACTEC). The ACTEC Family Estate Planning Guide video series offers families quality information and insight into the fundamentals of wills and trusts to encourage estate planning.

Click the link provided here to access the videos. https://www.actec.org/estate-planning/estate-planning-awareness/

If you have specific questions about your situation or would like to learn more, reach out to the team at WBH here.

Read more articles:

You Can Just Say No: Declining to Act as an Agent Under a Power of Attorney

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Inherited Retirement Accounts: Minimizing Tax Consequences

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Pros and Cons of a Medicaid Asset Protection Trust

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Why You May Need a Trust in Addition to a Power of Attorney

While everyone should have a durable power of attorney that appoints someone to act for them if they become incapacitated, in some circumstances, it is not enough. In these cases, a revocable trust can help.  A durable power of attorney allows you to appoint someone...

Social Security Recipients to Get Another Increase in 2023

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Court Case Illustrates the Danger of Using an Online Power of Attorney Form

A recent court case involving a power of attorney demonstrates the problem with using online estate planning forms instead of hiring an attorney who can make sure your documents are tailored to your needs. Mercedes Goosley owned a home in Pennsylvania. In 2013, she...

You Can ‘Cure’ a Medicaid Penalty Period by Returning a Gift

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In 2022, Social Security Beneficiaries Will See the Biggest Increase in 39 Years

The year was 1983: The U.S. invaded Granada. A gallon of gas cost 96 cents. Michael Jackson’s ‘Thriller’ video premiered. That year was also the last time that Social Security recipients saw a cost-of-living increase steeper than the one just announced for 2022. This...

Using a QTIP Trust in Estate Planning

Estate planning is crucial when managing valuable assets and ensuring the smooth transfer of wealth to future generations. There are various types of estate planning tools available, some of which may be more useful depending on your circumstances. For some, a...