LaGrange: 1023 W 55th St #200, LaGrange, IL 60525 | Deerfield: 770 Lake Cook Rd #100, Deerfield, IL 60015
LaGrange: 1023 W 55th St #200, LaGrange, IL 60525
Deerfield: 770 Lake Cook Rd #100, Deerfield, IL 60015
LaGrange: 1023 W 55th St #200, LaGrange, IL 60525
Deerfield: 770 Lake Cook Rd #100, Deerfield, IL 60015
Ethical Wills: The Heart of Your Estate Plan (Part 2)
Looking for A Specific Post? Search Below.
In my last post, I introduced the idea of an ethical will. Here is what may be included in this type of document and what purpose you may have for creating one:
Content of an Ethical Will:
- Values: It’s important to leave your house and financial assets to the next generation, but an ethical will can give you the opportunity to share the values you lived by that made it possible for you to acquire those assets as well as what made them important to you. An ethical will provides a way to communicate your principles, beliefs, and lessons learned through your life.
- Strengthening Family Connections: Family coming together to share your ethical will can be a truly powerful experience for them. This document that contains your stories, anecdotes, and successes and failures in life can help your family members to feel connected to your story and to one another both during your life and long after you have passed.
- Clarifying Intentions: Decisions and bequests made in a traditional will or trust can easily be misunderstood, and this can potentially lead to fighting between family members. An ethical will gives you the chance to explain why you made the choices you did in creating your legal estate planning documents, hopefully mitigating potential misunderstandings or hurt feelings.
- Providing Comfort and Guidance: An ethical will can be written as a letter of love to your family and give you the chance to share words of encouragement, to write about the joy you felt with them, and to share the wisdom you have acquired that they may also learn from. Those with religious beliefs may also share how your faith was foundational to you and guided your life and decisions. Ethical wills can provide immense comfort and strength to family members who are grieving.
In the next post, I’ll share how to get started on writing an ethical will.
For help with your estate plan, contact us at Wilson and Wilson Estate Planning and Elder Law, LLC at 708-482-7090.
https://www.jdsupra.com/legalnews/ethical-wills-the-heart-of-your-estate-4480905/
Hear From Our Satisfied Clients
As a law firm, they have held my hand as a professional law team and have shown compassion. Thank you Sandra, Kaylee and Marlene.
Wilson & Wilson Estate Planning & Elder Law, LLC helped me navigate a very tumultuous time in my life. Sandra and her team were so gentle with me and the processes that needed to take place for a timely distribution. They worked tirelessly to ensure I was supported throughout the process. Although no one is actually prepared for the death of their loved one Sandra made going through it less painful. I’m forever...
Bill Wilson and his staff are amazing! We have known Bill for over 25 years and have trusted him to handle our different legal situations. From his expertise in our estate planning to seeking his advice on handling our elder relative's estate, we are confident we have the best protection by using Bill. My family and I are truly thankful for his knowledge and patience when dealing with such personal and tough conversations...
GOD has blessed me with alot but by people's standards maybe not that much; however Attorney Sandra Schildgen made me feel like a Billionaire! It is also noteworthy that from the front office and assistant personnel gave that feeling "we are family". I look forward in continuing our relationship in the future. GIVE Wilson & Wilson your business.
Great attorneys, and great staff in general, all knowledgeable and extremely helpful..
Everyone was really professional and helpful with assisting me with Estate Planning!
Mr. Wilson has helped our family VERY MUCH. His "down to earth" honesty and integrity made what could have been a difficult situation easy to get through. AND, we felt his rates were reasonable for the personal service we received. HIGHLY RECOMEMDED.
Wilson & Wilson has the experience, knowledge and professionalism to handle complex estate planning needs.They address all the details and devise a tailored plan providing asset protection, growth and wealth management.
I can’t say enough about the way Sandra, Kayla and Jennie handled my legal needs. The Medicaid process for my husband was very complicated for me but this team of professionals handled all of it and kept in touch with me through the entire process. Every concern and question I had was promptly addressed and I am very satisfied with the final outcome from the appeal Sandra filed for us. In addition to...
Our experience with Wilson and Wilson in updating our estate planning documents was great. Sandra and Kayla were wonderful to work with. Sandra took the time to make sure we understood the language and elements of each document. She is very knowledgeable thorough understanding and open to suggestions and changes. The work was completed in a minimum amount of time. We feel fortunate to have had such a great worry-free experience working with...
Schedule a Consultation!
Don’t Leave Your Family’s Future to Chance
LaGrange, IL
Call
Deerfield, IL
Call
Attorney Advertising. This information is designed for general information only. The information presented should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Past results and testimonials are not a guarantee, warranty, or prediction of the outcome of your case, and should not be construed as such. Past results cannot guarantee future performance. Any result in a single case is not meant to create an expectation of similar results in future matters because each case involves many different factors, therefore, results will differ on a case-by-case basis. By providing contact information, users acknowledge and give explicit consent to be contacted via the methods of communication provided, including SMS. Message and data rates may apply. Message frequency may vary. Reply STOP to opt out.