Laguna Hills, CA, Oct. 14, 2011 – Orange County attorney David R. Duringer announced today he is joining his colleagues at WealthCounsel in a public relations campaign to showcase National Estate Planning Awareness Week, October 17-23, 2011.
According to a 2010 industry trends survey of estate planners conducted by WealthCounsel, nearly 70% of the respondents indicated that Americans fail to plan because they lack awareness as to why they should. Duringer is passionate about building awareness of the importance of thoughtful planning and is committed to educating the public about the negative consequences of what can happen to one’s loved ones when the proper documents are not in place.
Duringer noted that 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, even conflict and family feuding, that can be minimized with proper planning.
Duringer also noted that the diminished freedom and independence of today’s American family is due to a lack of values transmission, a lack of values-based incentive planning in regard to religion, financial mentorship, firearms training, etc., values necessary to preserve family life, family fortune, and family honor—ultimately the only counterweight to an ever-expanding central government. “Don’t play telephone with your descendants,” Duringer says. “Write it all down in your own family constitution, and turn your family into a firearms training institution for generations.”
In 2008, the National Association of Estate Planners and Councils (NAEPC) 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.”
“Estate planning is a thoughtful process and not merely a single legal transaction,” said Duringer. “As a member of WealthCounsel, my firm has access to a state-of-the-art document drafting system, a network of experienced colleagues throughout the country with whom I can collaborate, and superior educational resources to help me stay on the leading edge of knowledge,” Duringer stated.
In addition to WealthCounsel, Duringer is also a member of the State Bar of California and the Washington State Bar Association. His Juris Doctor is from the University of California’s Hastings College of law, and he also holds an LL.M in Taxation from Chapman University’s School of Law.
About David R. Duringer, Prof. Corp.
The law office of David R. Duringer, Prof. Corp. specializes in all areas of estate planning, including asset protection, incentive planning, charitable planning, business succession planning, and family protection planning. Visit online at http://OrangeCountyLivingTrust.com, or call 949-215-9995 (888-WAY-WILL).
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David R. Duringer, 949-525-8800