When you reach the point in your life when begin to look back and evaluate the mark that you have made on the world a lot of things may cross your mind. When you are gone, how will you be remembered? You may ask yourself how you can make an impact that is felt even after your passing, and this is what legacy planning is all about.
There are a number of different courses of action that you could take to have a positive influence on the community for years to come and perhaps even permanently.
For example, you could choose to finance the construction of a community center or a playground. There are those who will fund an addition to a museum or a school of some kind. Developing a commemorative scholarship that is endowed on an annual basis into perpetuity is another option.
As an elder you are an invaluable link to generations of your family that have come before you. A lot of people are very interested in their family trees, and you could provide a priceless gift to your family by taking the time to write your autobiography or at least a collection of memoirs. The composition of an ethical will sharing your moral and spiritual values is another option that you may want to consider when you are crafting your legacy.
Intelligent legacy planning can allow you to have a lasting impact. To learn how to make your long-term visions a reality, take action right now and set up an appointment to speak with an experienced, licensed, and savvy Hartford legacy planning attorney.
- These Tips Can Jumpstart Your Estate Plan - May 23, 2023
- Pet Trust: Ensuring Your Furry Friend’s Future - May 4, 2023
- An Overview of Situational Inheritance Planning - April 18, 2023