Estate planning obviously has everything to do with pragmatic preparation of your assets for eventual distribution to your heirs after you pass away. Making sure that your family is provided for in a direct manner is very likely to be your first priority and this is completely understandable. However, there are those with the means and the vision to craft a complete legacy that keeps their influence viable even after they are gone.
Charitable giving is one way to make an ongoing impact, and this is something that can be woven into your estate plan in various ways. Other things to think about would be funding building projects of various types that would have a positive effect on the community. These could include something like a soccer field, a park, or an addition to an existing facility that serves the common good.
Another option would be to create a commemorative scholarship that affords students an opportunity to achieve their full academic potential.
One could also share knowledge and experiences through the authoring of an autobiography. You can learn much by gaining an understanding of the experiences of family elders, and of course many people have a great deal of interest in their own lineage. As an important link to the past your autobiography could be extraordinarily useful to future generations of your family.
If you would like to craft a lasting legacy utilizing some of these ideas and others that you may have already considered, simply take a moment to contact a licensed Kansas City estate planning attorney to set up an informative consultation.
Author, President and Founding Attorney
Parman & Easterday
Latest posts by Larry Parman, Attorney at Law (see all)
- Clarity is Key to Planning & How Tom Petty Could’ve Done It Better - July 18, 2019
- Why Crowdfunding May Cost You Medicaid Eligibility - July 16, 2019
- Beneficiary Designations, etc., Aren’t a True Substitute for a Trust - July 11, 2019