The Hampton Roads Estate Planning Council is pleased to announce its scholarship for an honorary one-year membership in the Council, which includes attendance to our five dinner and educational meetings. The scholarship shall cover the fiscal year of July 1, 2022, through June 30, 2023.
The intention of our scholarship is to raise awareness of estate planning as a career path for students studying accounting, finance, and law, as well as to provide those students with meaningful networking, mentorship, and potential employment opportunities.
Students from Regent University, Virginia Wesleyan University, Norfolk State University, and Old Dominion University are eligible to apply.
Nathan Olansen, President
Hampton Roads Estate Planning Council
HAMPTON ROADS ESTATE PLANNING COUNCIL
SCHOLARSHIP OF MEMBERSHIP
Estate planning is the process of anticipating and arranging for the protection, orderly administration, and disposition of a client’s wealth in accordance with their wishes, upon the occurrence of major events such as birth, marriage, divorce, incapacity, and death. Significant attention is paid to minimizing taxes and administration expenses. Estate planning requires the knowledge of state property, probate, and trust laws; and federal and state income, gift, inheritance, estate, and generation-skipping transfer tax laws.
The purpose of the Hampton Roads Estate Planning Council (“HREPC”) is to promote the multi-disciplinary approach to estate planning by supporting its Members; encouraging cooperation among Members to create a thorough and comprehensive estate plan for their clients and a better understanding of the role each Member plays in the process; and to provide education and learning opportunities for its Members and to increase public awareness of the importance of estate planning by a team of professional advisers.
The HREPC members include professionals in the following fields: accounting, law, financial planning, trust administration, planned giving, and insurance, as well as allied professionals. The HREPC meets five times per year (typically the third Tuesday of the month, every other month – excluding July – from 5:15 to 7:30 p.m.) for dinner and a one hour continuing education presentation.
The Hampton Roads Estate Planning Council is pleased to announce its scholarship for an honorary one-year membership in this Council, which includes an invitation to attend each of our five dinner and educational meetings and our annual seminar (value of $425). The scholarship is being offered to students from the following schools: Regent University, Virginia Wesleyan University, Norfolk State University, and Old Dominion University. Two scholarships total will be awarded: one for a student in the accounting/finance field of study and one from the law/prelaw field of study. The scholarship shall cover the fiscal year July 1, 2022, through June 30, 2023.
In order to be eligible, a student must:
- Have a cumulative GPA of at least 3.0.
- Be studying accounting, finance, or law/prelaw.
- Be either:
- In final year of a bachelor’s degree during the school year that covers the period of the scholarship at one of the universities listed above;
- Attending a business or accounting master’s program during the school year that covers the period of the scholarship at one of the universities listed above; or
- Attending Regent University School of Law during the school year that covers the period of the scholarship.
- Be 21 years of age or older as of September 2022.
- Submit the Applicant Information and Certification & Official Release form, copy of official transcript, and a brief essay of 500 words or less answering one of the following questions: (1) What interests you about exploring estate planning as a career? (2) How does estate planning fit in with your studies and career aspirations at this point?
- Agree to manage his or her schedule to the best of his or her ability in order to attend all five dinner/educational events (September, November, January, March, and May).
Applications are due by May 1, 2022. Scholarship awards will be announced on May 17, 2022.
- Applicant Information and Certification & Official Release Form
- Copy of Transcript
Congratulations to our 2020-2021 Scholarship Recipient- Morgan Thomas
Ms. Thomas, a Virginia Beach resident, is taking an accelerated program at Virginia Wesleyan University. She is in her third –and FINAL—year of studies for a Bachelor’s Degree in Business Administration with a concentration in Accounting. She is interested in financial advising and planning, and seeking an internship prior to graduating.