Elder Law, estate planning, General Interest

What Is an Ethical Will and Why Do I Need One? | by Rick Law, Elder Law Attorney & Senior Estate Planner in Aurora, IL

An Ethical Will is a letter to your family, loved ones, and descendants about your life.  It is more than just facts. It’s about the things that truly matter to you – your values, beliefs, life stories, and events that have influenced your life or affected you during your lifetime. Answers to questions like “Where have you been?  What are you passionate about?  What knowledge would you like to impart on your children and future generations?” are details that are easy to lose about a person who’s passed. As difficult as it is to face our own mortality, we all have hopes and dreams for our friends and loved ones for after we die.  It is exceedingly rare that we are able to aptly communicate those wishes during our lifetime. So why should I create an Ethical Will? An Ethical Will should be a part of everyone’s journey.  It is both a keepsake and guide that will be invaluable to your loved ones. Not only will it illustrate the often-unsaid ideas that you feel, know, and use as a guide for your life;  it will act as a roadmap for them to interpret your legal documents. If they know what your life goals and values are, they can keep them in mind as they carry out your legal wishes. Why would someone want to know your story? Think about your ancestors… What would you give to hear what your great-great-grandparents wanted for your life? What did they experience or learn during their lifetimes that could benefit you? Or maybe there are some things you’ve always wanted to tell your kids but you never felt it was the “right moment”. This is your opportunity to impart your love and wisdom to them. In creating your Ethical Will, you will be giving your children, your grandchildren, and others insight into the wealth of wisdom that you’ve spent a lifetime gaining. If you’re ready to start gathering your thoughts and getting your estate in order so you can leave something priceless behind, please give our office a call at 800-310-3100. Your first consultation is absolutely free.  We’ll let you know what steps you need to take, right now, to safely get started on the elder care journey.  Call now. Sincerely, Rick L. Law, Attorney and Estate Planner for Retirees. Rick was named the #1 Illinois elder law estate planning attorney by Leading Lawyer Magazine. He has been quoted in the Wall Street Journal, AARP Magazine, TheStreet.com, and numerous newspapers and articles. Rick is the lead attorney for Law Elder Law, LLP, focusing in Estate Planning, Guardianship, and Nursing Home Solutions. His goal is to give retirees an informed edge when it comes to dealing with an uncertain future.  Get flexible retirement strategies that work during good times and bad, plus information on how you can save your home and assets from being used to pay for long term care.  Appointments available in Chicago, Aurora, Oak Brook, Schaumburg, and Joliet.  Call 800-310-3100 for your free consultation now!