Philadelphia Council explores estate planning program for youth partnerships

A proposal to introduce basic estate planning education to Philadelphia's youth emerged as a key topic during the recent budget hearing of the Philadelphia City Council. Council members discussed the potential for partnerships with schools, libraries, and youth organizations to create a curriculum aimed at equipping younger Philadelphians with essential financial knowledge.

The conversation highlighted the importance of engaging the community in estate planning discussions, with one council member expressing enthusiasm for the initiative. "We would love to do something like that," they stated, emphasizing the need for a structured program that could be implemented in educational settings.

Past efforts to collaborate with local institutions, such as Temple University and the Philadelphia School District, were mentioned, but challenges in scaling the curriculum have hindered progress. The council member noted that community engagement specialists could play a vital role in developing and delivering this innovative program.

The discussion underscored a growing recognition of the need for financial literacy among young people, with the potential to significantly impact the community. As the council moves forward, the hope is that this initiative will gain traction, ultimately fostering a more informed and financially savvy generation in Philadelphia.