The Smith family’s estate plan wasn’t just about who got the house or the bank accounts. They wanted to preserve their family’s stories—the tales of great-grandpa’s courage in WWII, grandma’s secret recipe for peach cobbler, and the values that had guided their family for generations.
Legacy planning goes beyond financial assets. It’s about preserving what truly matters: stories, traditions, and values. Here’s a step-by-step guide to creating a storytelling legacy as part of your estate plan:
- Start the Conversation: Sit down with loved ones and discuss the family’s history. Ask open-ended questions to capture key memories.
- Record the Stories: Use audio or video to preserve these stories. Some families create digital archives that can be passed down through generations.
- Incorporate Into Your Estate Plan: Work with your attorney to include legacy letters or ethical wills. These aren’t legal documents but personal ones that share values, hopes, and love.
- Pass Down Keepsakes: Attach written stories to heirlooms, explaining their significance.
- Plan for Continuity: Use trusts or instructions to ensure the legacy continues, such as funding family reunions or supporting charities.
The Smiths created a family archive and included a legacy letter in their trust. As a result, their grandchildren will not only inherit financial stability but also the priceless gift of knowing where they come from. Preserve your family’s stories for generations. Request a Consultation to learn how to weave your family’s legacy into your estate plan.
