As National Estate Planning Awareness Week approaches, it’s a timely reminder of the importance of safeguarding your assets and ensuring a smooth transition for your loved ones. Founded in 2008, this annual event, observed during the third full week of October, emphasizes the necessity of creating a comprehensive estate plan.

An estate plan is more than just a legal document; it’s a roadmap for your financial future. It can include a will, a trust, or both, and outlines your wishes for the distribution of your assets. Additionally, it should specify beneficiary designations for your bank accounts, retirement plans, and life insurance policies. To ensure your affairs are managed effectively in case of incapacity, powers of attorney for both financial and healthcare decisions are crucial components.

Beyond personal matters, estate planning offers an opportunity to leave a lasting legacy. A thoughtfully planned gift to the Henry County Community Foundation can support causes you’re passionate about. Whether it’s through a bequest in your will or exploring other planned giving options, your generosity can make a significant impact on your community.

By taking the proactive step of creating an estate plan, you can not only secure your financial future but also leave a positive and enduring mark on the world.

Watch for our articles over the next few days as we discuss more aspects of planned giving and how the Foundation can help you reach your charitable giving goals.