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Legacy Lounge

How can we do a better job passing on wealth--not just money, but vision, purpose, values, perspective, family stories, and so much more . . .--from one generation to the next?

Let's talk about it!

The Legacy Lounge is a place for people involved in the legacy- and estate-planning process to help first-generation donors maximize the effectiveness of their gifts (again: not just money, but vision, purpose, values, perspective . . .) for future generations. It's also for second- or third-generation recipients (and donors!) to talk about their experiences and insights--with one another and with the generations before them.

Let's grow . . . together!

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Old 10-26-2009, 09:09 PM   #1
John Holzmann
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Join Date: Aug 2008
Location: Colorado
Posts: 10
Default Getting your will written and signed . . .

This past week I was reminded again how important it is to get a will. Even if you own "nothing," as someone said, if you don't have a will, the State has one it will be happy to give you . . . and your heirs.

And that's the problem. Most especially if you have young kids--i.e., minors--still dependent upon you.

Think about it. Do you have any relatives in whose care you'd prefer not to leave your children? Maybe you'd like to take a slightly stronger hand in preparing for the possibility of your demise . . . "just in case"?

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Curious: Supposing you were not ready to hire an attorney to draft your will for you, have you found a website, some software, some draft forms, or a book that contained the kind of information and help you needed in order to deal with these kinds of issues--not just the kids, but your living will, your medical power of attorney and so forth?

What have you used? What did you like? What did you not like?

Any specific verbiage you particularly appreciate(d)?
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Husband to the wife of my youth (Proverbs 5:18)

Father of four (plus three children-in-law); grandfather of five

Author of Dating With Integrity
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