Hoffman & Associates announced today that they are joining their colleagues at WealthCounsel in a public relations campaign to showcase National Estate Planning Awareness Week, October 20-26, 2014.
According to a 2014 industry trends survey of estate planners conducted by WealthCounsel, one of the most common reasons clients engage in estate planning is to spare their family members and heirs the chaos and conflict that often occurs after their death. Another common reason that consumers engage in planning is to protect their children from mismanaging their inheritance, or to shield their children’s inheritance from creditors.
Estate planning is one of the most overlooked areas of personal financial management. More than 120 million Americans do not have proper estate plans to protect themselves or their families in the event of sickness, accidents, or untimely death. This costs many families wasted dollars and unnecessary hardship that can be minimized with proper planning.
In 2008, the founders of The Financial Awareness Foundation worked with Congress to pass a resolution proclaiming the third week in October as National Estate Planning Awareness Week. The resolution noted that “Many Americans are unaware that lack of estate planning and financial illiteracy may cause their assets to be disposed of to unintended parties by default through the complex process of probate.”
“You will enjoy the peace of mind that comes with an estate plan that is flexible, that you can modify as your lifestyle changes or as external factors dictate,” said Mike Hoffman, managing partner at H&A. According to Kim Hoipkemier of H&A “As a member of WealthCounselÒ, our firm has access to a state-of-the-art document drafting system, a network of experienced colleagues throughout the country with whom we can collaborate, and superior educational resources to help us stay on the leading edge of knowledge.”
In addition to WealthCounselÒ, Mike Hoffman is a member of the Georgia, American and Ohio Bar Associations, the American Association of Attorney-Certified Public Accountants, The American Institute of Certified Public Accountants, the Georgia Society of Certified Public Accountants, and founder and member of the Estate Planning and Financial section of the Georgia Society of CPAs. Kim Hoipkemier is a member of the American and Georgia Bar Associations.
For more information regarding this or any other estate planning concern, please visit the Hoffman & Associates website at www.hoffmanestatelaw.com, call us at 404-255-7400 or send us an email.
In accordance with IRS Circular 230, this article is not to be considered a “covered opinion” or other written tax advice and should not be relied upon for IRS audit, tax dispute, or any other purpose. The information contained herein is provided “as is” for general guidance on matters of interest only. Hoffman & Associates, Attorneys-at-Law, LLC is not herein engaged in rendering legal, accounting, tax, or other professional advice and services. Before making any decision or taking any action, you should consult a competent professional advisor.