Passing Down Family Values from Generation to Generation
Most of us want to make a mark in the world. That’s a big part of what gives our lives meaning. And whether or not we have children, our history and stories can be a unique and irreplaceable gift to our families. With just a little effort, we can preserve our family values for generations to come.
It can be difficult to pass on our traditions and our values, however, especially when we feel no one is listening. Too often, by the time younger generations care about life lessons and stories, the older generations are gone or their memories have faded.
In the “old days,” life’s lessons were passed along orally or by hand. But writing things down takes substantial time and effort, and let’s face it, not all of us have the patience or the penmanship for it.
But today, video technology makes preserving family values easier than ever. Using a camera, computer webcam, or even your cellular phone, you can preserve your values and stories for your family. All you need to do is list what you’d like to talk about, then get the camera (or microphone) rolling. Here are some things you can talk about:
- Generations that came before you;
- Your childhood and immediate family;
- Funny stories about you and other family members;
- Family traditions;
- Family values; and
- Lessons you have learned about yourself and the world.
We believe that sharing your family values and life’s lessons is even more important than passing along your wealth and material possessions. But of course both are an important part of estate planning and of caring for your family. By being proactive now, you can preserve both your family values and your wealth for your loved ones after you’re gone.
You don’t need a lawyer to help capture your stories, wisdom, and values, but if you want a truly comprehensive estate plan that accounts for your whole family wealth, personal as well as financial, you want the kind of estate plan our firm creates for clients. Every estate plan we create includes a Family Wealth Legacy component. And that is exactly the kind of plan your loved ones will treasure most.
This article is a service of Bridge Law LLP. We are an award-winning law firm that specializes in business and estate planning for clients like you. The goal for every family is to stay educated on all topics like this, avoid probate, avoid estate taxes, and build a legacy for you and your loved ones. What sets our firm apart is that we build lasting, lifelong relationships with our clients. They rely on us to keep them updated, provide sound legal counsel, and be there for them immediately if any problems should ever arise. The best part is we don’t charge hourly fees to our families, so you never have to worry about speaking to us.
If you’re ready to keep your family out of Court, contact us today to schedule an initial consultation.