It’s good to be reminded about Ethical Wills
Some years ago, the Community Foundation had the privilege of hosting Susan Turnbull, a remarkable speaker for our Professional Advisor’s Seminar. Susan Turnbull had at that time, recently written a guide on creating an ethical will. The program struck a chord with our Professional Advisor Council members who attended, as well as with our Board and staff. Following that event, Chief Philanthropy Officer Tracy Turner, with Susan’s permission, put together a brief guide to creating your ethical will. We use the guide while working with generous donors on their legacy plans. An ethical will is a wonderful way to gather your thoughts on your most valuable assets – which are your values and your wishes for the future. When this information accompanies a gift to the Community Foundation or a bequest to your family, your financial assets are better appreciated and utilized. Your bequest is an expression of you.
Recently I was reminded of the importance of Susan Turnbull’s work when Tracy forwarded a newsletter from Susan in which she had written a letter about her dad, who recently passed. Writing an ethical will, which is essentially a letter, will provide comfort and direction in the most special moments for your family. You can provide a bit of information about why you handled your estate the way you chose, and add a bit of the wisdom you’ve accumulated. Your legacy should be genuinely about you, and the essence of what you are all about. I can imagine Susan’s family gathering to remember her dad and enjoying a sense of warmth, family, and optimism that were his greatest gifts. Your values are an important gift to pass along to future generations. Certainly, they are a more significant gift than just your money.
If you would like a copy of the Guide for Ethical Wills, please call our office at 775-333-5499. We’re happy to mail or email you a copy. The Free Family Estate Planning Series begins on Wednesday, March 29th. This is a useful series of classes, if you have not taken it yet, please consider calling us to sign-up. If you cannot make the entire 7-weeks of class, attending even a few will provide great benefit.
At the Community Foundation of Western Nevada, we connect people, like you, who care, with causes that matter.
Chris Askin, President, and CEO. 775-762-1932