How You Can Create an Estate Plan That Reflects Your Values
While you prepare your estate plan, you may find it important to do so in such a manner that is consistent with your faith and values. In fact, passing on these values to the next generation may be just as important to you as the wealth and assets you will be distributing.
Here are some of the opportunities that exist for you to make decisions that align with your closely held beliefs.
- Funeral and burial: Many people have religious beliefs that influence their views on their desired funeral services as well as the kind of burial or cremation services they opt for. You can leave behind instructions consistent with your faith for your wishes, including religious services you wish to have performed.
- Charities: Many people use their estate plans to leave behind a portion of their wealth to charitable organizations or religious or other charitable institutions. Here is an opportunity to make an impact on organizations that work with causes that reflect your beliefs and values.
- Conditional gifts: You may choose to leave behind certain assets to children or grandchildren who share your beliefs, or decide to pay for religious or values education for children or grandchildren.
For more information about developing estate plans that reflect your values, contact a knowledgeable Tampa, FL estate planning attorney at BaumannKangas Estate Law.