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MILWAUKEE, May 8, 2013 /PRNewswire/ -- Northwestern Mutual is hosting "Estate Planning: It's Not Just for the Rich and Famous," a webcast designed to educate participants of all income levels on the importance of estate planning. As part of the webcast, Northwestern Mutual's Ruthann Driscoll, JD, CLU, CFP®, director in the advanced planning division and Mark McLennon, JD, CPA, CLU®, ChFC®, CFP®, vice president - advisory and trust services, will discuss estate-planning misconceptions surrounding costs, taxes, intentions and essential documents.
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The webcast – the third in Northwestern Mutual's "Planning for Success" series – is taking place at 12 p.m. CT on Tuesday, June 4, and is open to the public and free of charge. Individuals may register at: www.northwesternmutual.com/webcasts.
"There's a misconception that estate planning is reserved for wealthy families passing large sums of money from generation to generation. The fact is estate planning is a necessity for all income levels. It's also something we need to revisit periodically as we move through different phases of life," said McLennon.
Driscoll added, "An estate plan ensures the right assets go to the right people at the right time and I encourage everyone to get the proper documents in place. This webcast will provide great direction for the many different types of families in the U.S."
In an effort to encourage participant discussion and reach individuals who are unable to join, Northwestern Mutual will be live tweeting during this webcast using the hashtag #PlanningForSuccess.
In addition, post coverage of the event, including the recorded webcast, as well as other pertinent resources will be available on www.northwesternmutual.com/webcasts.
About Northwestern Mutual
Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company, Milwaukee, WI, and its subsidiaries. Northwestern Mutual is among the "World's Most Admired" life insurance companies in 2013 according to FORTUNE® magazine and has helped clients achieve financial security for more than 156 years. As a mutual company with $1.4 trillion of life insurance protection in force, Northwestern Mutual has no shareholders. The company focuses solely and directly on its clients and seeks to deliver consistent and dependable value to them over time. Northwestern Mutual and its subsidiaries offer a holistic approach to financial security solutions including: life insurance, long-term care insurance, disability income insurance, annuities, investment products, and advisory products and services. Subsidiaries include Northwestern Mutual Investment Services, LLC, broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company, limited purpose federal savings bank; Northwestern Long Term Care Insurance Company; and Russell Investments.
SOURCE Northwestern Mutual