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What are legacy letters?

On Behalf of | May 24, 2024 | Estate Planning

You may want to leave as much as possible behind for your loved ones – a parting gift that will make their lives easier through access to the assets you pass on.

However, if you really want to make a difference in the lives of your loved ones and be remembered for a legacy that has more value than gold, you may want to start composing one or more “legacy letters.”

The real you, your thoughts, your story and guidance from the future

Legacy letters are not part of formal estate planning, although they probably should be. They’re your chance to express everything you want your loved ones to know about your beliefs, your personal history, the lessons you’ve learned in life, your hopes for their future and – maybe – even your regrets. 

Sharing everything from the story of how you overcame adversity to get ahead in life to talking about your value system can leave your loved ones with more closure and a better understanding of you. 

What do you write about? Here are some ideas:

  • What do you want your relatives and friends to know about your feelings for them?
  • What are some specific memories that illustrate your feelings of love for them?
  • What ethical and moral principles have guided your actions? What formed the basis for those beliefs?
  • What is one story or part of your history you wish that everybody in your family knew?
  • How would you like your loved ones to remember you? What can they do to honor you?
  • What are your happiest memories with each of your heirs, alone or together?
  • What do you want your loved ones to know about your spiritual beliefs? 
  • Is there anybody you need to forgive? Is there anybody you want to ask forgiveness from?
  • What sort of regrets do you have? What advice would you give others on the topic?
  • Do you have thoughts about love, marriage, children or what it takes to live a happy, fulfilling life?
  • Is there anything about your family’s background that you feel you should share?

The possibilities are endless – so just dive in and start writing. You can include your legacy letter (or letters) among your other estate planning documents, updating them as necessary.

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