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Give Your Family the Roadmap to Your Legacy

Give Your Family the Roadmap to Your Legacy

Creating a legacy can be a dual effort but oftentimes one person in the household takes the lead on planning. It’s a natural approach because when one person does the job, you avoid duplication of effort. It would be easy to overlap if both you and your spouse were heavily involved in the planning process. While it makes sense to delegate the responsibility to one person, what if that person should die first?
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Tell Me a Story

Tell Me a Story

There are many different ways to tell a story – around a campfire, at night before bed, at family gatherings, maybe even keeping a diary or journal. But the truth is that we are always telling stories. We’re hard-wired to do so. Scientists investigating “why we think” have discovered that the human brain has evolved into a narrative-creating machine. No matter what we encounter, we automatically impose a story-like chronology and cause-and-effect logic on it. Facts alone are meaningless; it’s the stories we create around the facts that become important.
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Laws Can’t Keep Pace with Technology

Laws Can’t Keep Pace with Technology

As it stands, Delaware is the only state in the U.S. that fully recognizes the importance of digital assets as part of a legacy. Representatives proved that last year by signing into law House Bill 345, the Fiduciary Access to Digital Assets and Digital Accounts Act. The bill granted families access to their loved ones’ online accounts and in so doing leapt ahead of most of the nation in terms of legislature involving advancements in technology.
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Should You Consider a Trust?

Should You Consider a Trust?

When most people hear the word “trust,” they think of the ultra wealthy. And for good reason. Many wealthy people use trusts to protect their assets from estate taxes and other financial threats, and to pass along fortunes to children and dependents. But trusts can be used for a number of purposes beyond just saving on estate taxes. Here are a few of the reasons you might want to consider a trust as part of your financial and estate plan. I’ve also included a brief description of some of the types of trusts people have used in these situations.
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Living the Legacy

Living the Legacy

Family traditions are a wonderful way in which to tell the story of a family. They are also a great way to provide a sense of identity for all the members of a family, young or old, near or far. The purpose of a tradition is to create something that is special, something extra that lifts a family activity or event above the ordinary. But it doesn’t have to be big. A family tradition can be as simple as the ritual of a bedtime story or family dinnertime. It’s the communication and the sharing, the thought and intentionality that are important. And those are the qualities that will be remembered.
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