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Home » Legacy Planning » Legacy Planning: It’s Not All About the Money

Legacy Planning: It’s Not All About the Money

December 6, 2015 by Barry D. Horowitz, Estate Planning Attorney

Legacy Planning: It's Not All About the MoneyIt can seem like the estate planning process is all about monetary matters, but a more comprehensive plan can take things a step further. There are people who engage in the process of legacy planning. When you take certain steps with your legacy in focus, you can address matters of the heart, mind, and soul. Let’s look at some of the details.

Consider an Ethical Will

Everyone has heard of the commonly used estate planning document called a last will or last will and testament. This is not the only type of will that can be a part of your legacy plan. There is another type of will that stems from the Judaic tradition, and these wills have been utilized since biblical times.

Your loved ones have invariably come to you for moral guidance over the years. You will not be around to share your wisdom forever, but you can record your moral and spiritual values if you create an ethical will. The document will always be accessible to family members, and they will have access to your moral fiber during difficult times.

Family History

When you attain senior citizen status, you will have  a store of memories going back many decades. Your younger family members cannot possibly access this information about their family history.

You can share these memories when you are devising your legacy plan. The family members that you will be leaving behind will be able to learn about where they came from, and future family members will have access to information about their ancestors.

Heirlooms

Meaningful objects also tell important tales about the history of your family. If you have family heirlooms in your possession, you can evaluate the items carefully. Ultimately, you can give each of these treasures to the ideal caretaker.

Educational Pathways

If you are in a position to do so, you can facilitate educational opportunities for the younger members of your family. Money is great, but there is no substitute for a good education. When your family members are successful, your influence will live on for generations.

Learn More About Legacy Planning

We have just scratched the surface in this brief blog post. There are many different ways that you can cast a long and meaningful shadow, even after you are gone.

If you would like to obtain more detailed information about legacy planning, we have a valuable resource that you can access through this website right now. Our firm has prepared an in-depth, comprehensive special report on legacy planning, and the report is free to our readers.

To get your copy of the report, click this link and follow the simple instructions: Hartford CT Legacy Planning.

 

 

 

 

 

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Barry D. Horowitz, Estate Planning Attorney
Barry D. Horowitz, Estate Planning Attorney
Founding Partner and President at Nirenstein, Horowitz & Associates PC
Barry D. Horowitz is a founding partner and president of the law firm of Nirenstein, Horowitz & Associates, P.C. He received his diploma from the Loomis Chaffee School and his Bachelor of Arts from Bennington College, where he dual majored in philosophy and music.

Mr. Horowitz was awarded his Juris Doctor degree with honors from the University of Connecticut School of Law. While attending law school, Mr. Horowitz received the American Jurisprudence Award in Legal Ethics and the Nathan Burkan Award.

After graduation from law school, Mr. Horowitz continued his legal education at New York University School of Law where he received a Post Doctorate Law Degree in Taxation. He has also recently received a national achievement award.

Mr. Horowitz is admitted to practice before all the state courts in the State of Connecticut and the United States District Court.

Mr. Horowitz was selected for Super Lawyers in 2021.
Barry D. Horowitz, Estate Planning Attorney
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