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Home » Guardianship » Your Memoirs And Your Estate

Your Memoirs And Your Estate

April 25, 2011 by Larry Parman, Attorney at Law

When you read an autobiography written by someone that is famous in some way you generally are drawn in by the fact that you’re interested in this particular individual. Reading about the things that this person went through throughout his or her life can be instructive and entertaining, but inevitably you also gain some insight into the times during which the author lived. The perspectives of a given individual can sometimes be more valuable than a consensus look-back provided by a mainstream source.

The fact is that everyone has a story that is worth telling, not just those who were somehow able to capture the public’s attention. Part of estate planning involves taking stock of the larger part of your legacy.  Yes, passing along financial resources to your loved ones is important, but you have another gift to give as well: the gift of experience and values. You can make sure that this experience and the values you developed during your lifetime is put to good use for the long haul by taking the time to write your memoirs.

There are a number of reasons why an autobiographical rendering is something to consider.  One of them is the simple fact that you are the bridge between the generations that preceded you and those that have followed. Many people develop an interest in genealogy at some point in time and having this resource to tap into would be invaluable to members of your family who are interested in finding out “where they came from.”

In addition, recording your memories can be a cathartic personal experience, sort of a “life review” that can be a very constructive act as you enter into the twilight of your life. Many people say “I could write a book…” and the suggestion here is that you take the time to do just that. If you do there is little question your family members will appreciate the effort.

Larry Parman
Founding Attorney

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Larry Parman, Attorney at Law
Larry Parman, Attorney at Law
Founder and Owner at Parman & Easterday
After helping his own family deal with a lengthy probate and the IRS following his father’s untimely death in a farm accident, Larry Parman made a decision to help families create effective estate plans designed to reduce taxes, minimize legal interference with the transfer of assets to one’s heirs, and protect his clients’ assets from predators and creditors.
Larry Parman, Attorney at Law
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Filed Under: Guardianship Tagged With: Gift Tax, pet trusts, Social Security

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