American Heart Association Offers Free Estate Planning Webinar Amid $84.4 Trillion Asset Transfer

As an estimated $84.4 trillion in financial assets is set to transfer through estates in the coming decades, the American Heart Association (AHA) is stepping up to provide crucial guidance. The organization, celebrating its centennial year, will host a free estate planning webinar on October 22, 2024, as part of National Estate Planning Awareness Week.

The virtual event, scheduled for 2 p.m. EDT, will offer participants valuable insights into establishing financial plans to protect themselves, their loved ones, and their assets. Experts will cover the basic principles of financial planning, provide free planning tools and resources, and discuss how charitable bequests can benefit organizations like the AHA.

This initiative comes at a critical time, as the transfer of wealth between generations is expected to have significant economic implications. The webinar aims to empower individuals to make informed decisions about their financial futures and consider the potential impact of planned giving.

Marsha Jones, AHA volunteer board chair, emphasized the importance of this resource, stating, "We invite individuals from across the country to join us as we celebrate our first century milestone and intentionally plan to help secure a bold future where everyone, everywhere can live longer, healthier lives."

The webinar will feature speakers from the financial and legal sectors, including Kevin C. Cuthill from Cuthill Financial Group and Leslie K. Heffernen from Pitcairn Trust Company. Participants will have the opportunity to ask questions during the live session, making it an interactive and informative experience.

As the AHA enters its second century, it remains focused on improving health outcomes through scientific research and public health education. The organization highlights that planned giving has already contributed over $3 billion, enabling it to maintain its position as the leading non-governmental funder of cardiovascular research.

This webinar not only serves as a tool for individual financial planning but also underscores the potential for charitable giving to make a lasting impact on public health. By providing this free resource, the AHA is facilitating both personal financial security and continued support for critical health initiatives.

The event aligns with the broader trend of increased focus on estate planning and intergenerational wealth transfer. As baby boomers age and millennials stand to inherit substantial assets, understanding the nuances of estate planning becomes increasingly crucial for financial stability and philanthropic efforts.

Interested individuals must register in advance for this potentially life-changing webinar. The AHA's initiative serves as a timely reminder of the importance of proactive financial planning and the power of legacy giving in shaping a healthier future for all.