On Monday, May 27th, we celebrate the men and women who gave their lives for our country. Interestingly, the holiday used to be called Decoration Day, and it has been (officially) around since 1966. It always falls on the last Monday in May, and almost everything is be closed for business that day.
Veterans showed an enormous amount of personal strength and responsibility. It was a burden that very few other people shared and continue to share today. When you’re thinking about responsibility in your own life, it is daunting to think about taking on such a burden. Here are some ways, both estate-planning-related and not, to celebrate this Memorial Day.
The National Moment of Remembrance
Though President Johnson officially declared Memorial Day a federal holiday in 1966, the practice of remembrance dates back to the 1860s. It was mainly celebrated by the northern states at first, as the southern states did not want to honor their dead Confederate soldiers on the same day as Union soldiers.
That changed after WWI, as the holiday shifted to honoring those killed in WWI, which included citizens from the North and the South. WWI killed over 53,000 Americans, while WWII killed nearly 300,000. The wars after that, combined, took around 110,000 lives.
The National Moment of Remembrance is a Memorial Day tradition that has been around since 2001. It takes place at 3 P.M. on Memorial Day, and it is a nationwide, shared moment of silence for the lives lost during America’s wars.
Do Something Community-Oriented (However Small)
War, in the end, is about division. A world divided goes to war, and celebrating community is somewhat of an antidote to that. Whether it’s picking up litter in your community, helping an elderly neighbor, or donating to a community organization, we can all do something small to appreciate one another.
Red Poppy Flowers
Another interesting Memorial Day tradition is that of red poppy flowers. Once again, this tradition dates back to Civil War times. After the Civil War, General John Logan, who oversaw what was left of the military at the time, ordered flowers placed on the graves of all soldiers, Union and Confederate, who died in the war.
It wasn’t until post-WWI when red poppies became the flower associated with fallen soldiers. The red poppy tradition came from John McCrae’s poem, In Flanders Field. McCrae wrote the poem in 1915 in the aftermath of the Second Battle of Ypres. The poppy was the only flower to bloom on the battlefields during that time, and so it became the flower for fallen veterans.
Take Responsibility in Your Own Life
It is overwhelming to think about the enormous responsibility that these soldiers showed, and it is difficult to compare such sacrifice to our own lives. When thinking about ways to take responsibility in your own life, consider planning for your future. Set up an estate plan that details what you want from your healthcare and finances. Make sure you include asset protection. This will not only protect your future; it will help your family as well. They will be spared the turmoil of probate court after you pass on.
For Your Kids’ Future, Too
Consider your kids’ future. Education is a predictor of how well a society, as a whole, will do, and a college or trade school education sets someone on the right path to success. Use an IRS 529 plan to help save for your kids’ college. The plan is tax-advantaged, and it is a way to get a head start on your kids’ future.
Thousands of soldiers have died for this country throughout the years. It was the Civil War that took the most lives, with World War II following right after. War is a terrible thing, and the sacrifices that our veterans made to keep us safe should never be forgotten. This Memorial Day, remember the lives of veterans through observing tradition and taking responsibility in your own life and for your own future.