Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

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Wednesday, December 28, 2011

"Intangible" Estate Planning

Unknown-12When planning your intangible estate, here are some things to think about:

1. Consider what values and principles you want to pass on to your children.

2. Consider the personality of your children including their strengths and weaknesses.

3. What issues are you passionate about and why?

4. Are you involved in the community and do you want your children to carry on this involvement?

5. Is education a priority you want for your children?

6. Are there words of wisdom you want to pass along?

7. Consider whether there are specific spiritual messages you want to leave your children with.

8. How much do you know about you family history? What do you want to pass on to your children about this legacy?

See “Intangible” Estate Planning – Thinking Beyond the Paperwork, Personal Family Lawyer, Dec. 2011.

Special thanks to Jim Hillhouse (WealthCounsel) for bringing this article to my attention. 

http://lawprofessors.typepad.com/trusts_estates_prof/2011/12/intangible-estate-planning.html

Estate Planning - Generally | Permalink

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Comments

Great post- an oft-forgotten aspect of what we leave behind (from an estate planner's perspective).

Posted by: JBS | Dec 28, 2011 6:33:15 PM

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