Legacy Planning: Creating a Heartfelt Inheritance

Your Sacramento Estate Planning attorney knows that when it comes to legacy planning, many people focus on the practical aspects, such as wealth management, retirement planning, and establishing wills and trusts. However, there’s a more personal side to consider: emotional assets. These are the intangible, non-monetary items that can form an essential part of your legacy, allowing your love, guidance, and presence to be felt by your loved ones even when you’re no longer physically with them.

Imagine a time capsule filled with memories, advice, and personal anecdotes that your family can open during significant moments in their lives. That’s what emotional assets can be in the context of legacy planning. Estate planning attorneys in Sacramento can help you weave these unique and heartfelt elements into your estate plans, creating a lasting and meaningful impact.

For example, picture a father recording a video of himself giving fatherly advice to his daughter on her wedding day, even though he won’t be there to walk her down the aisle. Or a grandmother preparing her family’s favorite recipe on video for her grandchildren to follow and cherish after she’s gone. These emotional assets become priceless heirlooms that future generations will treasure.

Some creative ideas for emotional assets to include in your legacy planning are:

• Personalized birthday cards or recorded messages
• Heartfelt messages for significant life events
• Captivating stories or anecdotes from your life, shared orally or in writing
• Bedtime stories read aloud and recorded for your children or grandchildren to listen to
• Handwritten cards or letters expressing love, wisdom, and advice
• Essential life lessons to pass down to future generations
• Video tutorials showcasing a skill or activity unique to you

Besides incorporating emotional assets, consider creating a video will. Your Sacramento estate planning attorney can ensure your written will complies with the applicable laws, while you can record yourself reading the will and elaborating on your decisions or aspirations for your beneficiaries. This video testament not only adds a personal touch but also serves as evidence of your mental competence at the time of creating the will, helping to avoid potential disputes among family members.

Legacy planning is more than just distributing financial assets and tangible possessions; it’s also about leaving an emotional imprint on your loved ones. By working with an estate planning attorney in Sacramento, you can develop a comprehensive plan that encompasses both the practical and emotional aspects of your legacy, ensuring that your love and presence continue to be felt by those who matter most to you. To get started, contact us at (800) 244-8814 to schedule a consultation. 

If you have any further questions about estate planning and strategies to shield your wealth, or if you’d like to have your current asset protection plan reviewed to make sure it still meets your needs, please contact us at one of our offices located throughout the state of California 800-244-8814 to set up a consultation.