According to a study by the National Association of Estate Planners and Councils, 56 percent of American adults do not have an up-to-date estate plan, which could leave their financial future, and that of their families, in doubt.
National Estate Planning Awareness Week, October 18 through 24 this year, was adopted in 2008 to help the public understand what estate planning is and why it is such a vital component of financial wellness.
“Joining the legacy society allows our members to ensure their families are financially safe and to give back to a passion that has given us all so much,” said Elizabeth Tennyson, senior vice president of the AOPA Foundation.
Donors can also add impact to their gift during the AOPA Foundation Legacy Challenge, which was fueled by a $1 million pledge from an anonymous donor to allow participants to have a greater impact on the programs that the foundation funds. These initiatives, You Can Fly and the AOPA Air Safety Institute, build a stronger, safer pilot community, and ensure a healthy future for GA for generations to come.
“This amazing gift from a special person allows our new legacy society members to make an immediate impact by documenting their future legacy gift,” Tennyson added.
The Legacy Challenge will be active until the full $1 million is released.
Also in recognition of National Estate Planning Awareness Week, the AOPA community is invited to create a financial and estate plan with resources from FreeWill, which makes estate planning intuitive and free. FreeWill allows participants to protect their families and build a more robust GA world.
FreeWill takes less than 20 minutes to complete and is valid in all 50 states. If you choose to create a gift, FreeWill will creates the necessary language to support AOPA.
For more information on legacy giving, visit the AOPA Foundation Legacy Giving webpage, or contact the AOPA Foundation by phone at 301-695-2320, or by email.
The You Can Fly program and the Air Safety Institute are funded by charitable donations to the AOPA Foundation, a 501(c)(3) organization. To be a part of the solution, visit www.aopafoundation.org/donate.