National Estate Planning Week is in October!
For many attorneys, financial advisors, and CPAs, estate planning is part of your client conversations every day of the year. You never hesitate to remind clients to update their wills, trusts, and financial plans as circumstances change in their lives.
Even though you remind your clients regularly about the importance of having an updated estate plan, still, estate planning winds up at the bottom of many to-do lists. That’s why it is very helpful when clients are motivated by reminders from other sources that validate what you tell them on a regular basis. Such is the case with National Estate Planning Week, which falls between October 20 and 26 this year. This is a great time to check in with clients not only related to the estate plan provisions for distributions to their heirs, but also the provisions in their estate plans to leave a gift to one or more charitable causes.
The Foundation is here to help! Here are three suggested steps for making the most of National Estate Planning Week with your clients.
Use the OBBBA as an ice breaker
First, remind clients that the One Big Beautiful Bill Act has changed the landscape for charitable deductions, especially for your clients who have been in a gray area in recent years as to whether or not they itemize their deductions. For high income earners, 2025 presents opportunities to “front load” charitable deductions through a Donor Advised fund at the Foundation before the floor and cap kick in next year.
Bridge the conversation to estate gifts
Second, remind your clients that now is a perfect time to check in on their plans to include charitable gifts in their wills, trusts, or beneficiary designations. Clients will appreciate refamiliarizing themselves with the provisions they’ve already included. If a client has not yet arranged for a charitable legacy gift, and the client makes regular charitable gifts each year, evaluate whether it also makes sense to include an estate gift. Many clients who are very philanthropic during their lifetimes simply have not stopped to consider this idea and will welcome the discussion.
Call the Foundation
Third, lean on our team at the Foundation to help your client create a portfolio of charitable giving strategies aligned with both the client’s charitable intentions as well as the client’s estate planning and financial goals. As a client’s home for charitable giving, our team can customize and coordinate a series of vehicles to achieve a client’s charitable goals.
We look forward to working with you and your clients in October and in every single month of the year. Thank you for your partnership.