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Women and Estate Planning Estate planning is important to families, however it often affects women more profoundly. On average, women live longer and tend to marry older spouses. And since they usually survive their spouses, women more often have the last word about how much wealth goes to family, charity, or taxes. In preparation for an inevitable event, there are good reasons to set up a plan to distribute one’s estate after death. This consists of all of her property and possessions, including bank accounts, real estate, furniture, automobiles, stocks, bonds, life insurance policies, pensions and death benefits. Proper planning can be accomplished with fewer costs and difficulties than a more complicated and expensive probate process. Nearly 1 in 10 of Americans without an estate plan say they do not have one because they do not want to think about dying or becoming incapacitated. According to LexisNexis, 68 percent of black adults and 74 percent of Hispanic adults do not have one.

No matter what your net worth, it is important to have a basic estate plan in place to ensure your family and financial goals are met after an inevitable event. An estate plan has several elements including a will, assignment of power of attorney and a living will or health care proxy. In some cases, a trust will make sense. Trusts aren’t just for the wealthy. Discussing your estate plans with your heirs may prevent disputes or confusion. Being clear about your intentions will help dispel potential conflicts after you’re gone. Select an attorney to handle your estate plans who regularly handles matters in the areas of concern in your particular situation, and who will know enough about the other fields to question whether the action being taken might be affected by laws in other areas of law. Contact your state bar association to find out if the attorney is in good standing.

Educated, Encouraged, and Exercised educated and encouraged to exercise their right to vote. Voting is the most powerful way to be heard. Educating voters about candidates in federal, state and local races each year is the key to democracy.

Civil rights activist and NHBW, Inc. Shero, Fannie Lou Hamer, was active in encouraging blacks to register the vote during the 1960s. Her involvement with the Mississippi Freedom Democratic Party and Student Nonviolent Coordinating Committee came at a high price for Hamer, forcing her from her home of nearly two decades. Hamer dedicated her life to the fight for civil rights. This year NHBW, Inc. will be pushing the “Fannie Lou Hamer” voter education and registration. The goal is to keep voters

Sources like,,,,, candidate websites, and major media outlets can be used to retrieve information about candidates and key issues to allow voters to make an informed decision. Stay up to date for more information on Educated, Encouraged, and Exercised.

NHBW, Inc., is a 501(c)3 nonprofit charitable organization, does not directly or indirectly participate or intervene in, or make contributions to any political campaign on behalf of (or in opposition to) any candidate for elective public office. All voter education activities (including presenting public forums and publishing voter education guides), voter registration and get-out-the-vote drives are conducted in a non-partisan manner.

Nhbwnewsbites 2015 1  

NHBW, Inc. February Issue Celebrating 40 years of Service

Nhbwnewsbites 2015 1  

NHBW, Inc. February Issue Celebrating 40 years of Service