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Ethical Wills: the new Estate Plan must-have

What is your most valuable possession?

If you have an estate plan, you’re probably thinking of your most valuable TANGIBLE possession. Think again.

What do you have that has made your wealth possible? What do you have that has truly made your life BETTER?

Your values.

While most people understand the importance of an estate plan for distributing their tangible possessions, Ethical Wills allow you to pass on your intangible possessions – things like work ethic, family values, faith and optimism.

Ethical Wills are not new, but have come into vogue over the past ten years.

“I think people are realizing that wealth is not synonymous with happiness. In addition to their financial trust, they want to add a kind of happiness-trust. That’s an Ethical Will.”

Here’s what people are saying:

“It’s easy to leave your possessions to your children. But bequeathing them your values is more difficult. More and more people are putting life’s lessons into writing so they can be can passed on.” (NPR Talk of the Nation)

 “…it does not distribute your material wealth. It is a heartfelt expression of what truly matters most in your life.” (CelebrationsofLife.net)

“Reinforcing the fact that one does not have to be wealthy to leave a legacy, an ethical will provides the writer a way to live on after death in the hearts and minds of loved ones and friends.” (NCSU Forum for Family and Consumer Issues)

“Candidly assessing your life experiences and values… can energize you and change the way you see your life.” (Pat McNees, former President – Association of Personal Historians)

How do I get an Ethical Will?

Most estate planners are not equipped to create an ethical will for you. There are myriad articles and even a few books on the subject of writing your own ethical will.

If writing is not your strength, if you want your Ethical Will completed promptly and professionally, book an appointment with Emma the Lifestorian. We’ll get it done, and off your list.