Preserving your personal and financial assets for your loved ones is an essential part of estate planning. Values based estate planning is a very different way of approaching the sometimes unsettling task of planning for the time after your death. When taking this approach, we at Stone Law Offices, Ltd. use our compassion and reliability in order to help you determine what your values are and how you want them to be preserved within your estate.
The next generation may not necessarily have the same value system that you do. Upon receiving benefits from your estate, your heirs may be stricken with Affluenza, a term used to classify Sudden Wealth Syndrome. It is important that you set up provisions in your estate that communicate your values and intentions for the estate so that generations to come can understand why you decided to distribute the assets the way you have.
When meeting with us, we will sit down and discuss your personal story with you. From here we can determine how you want to convey your intentions for your financial assets. Documents can be created detailing why the money is in place, what the funds should be used for, and why you wish the money to be spent in that particular way, whether it be for a trust, education, or long term security.
We have developed this type of estate planning using tools, questionnaires, and interviews to draft a family philosophy statement. Our staff also utilizes family counsels, family retreats, and a family board of directors to discuss issues and discern the values to be instilled in the entire family and additional loved ones. Let us help you discover and preserve the intangible wealth you want to pass on to the next generation of your family.
So that you can better understand the steps in designing a values-based estate plan, we encourage you to review the My Personal Legacy workbook for a self-guided introduction to identifying and documenting your personal story.
Contact us at the Stone Law Offices, Ltd to discuss your values based financial planning and estate planning needs. We are sensitive to the unique nature of your thoughts and feelings, and are dedicated to respecting your values and wishes. Let us help you preserve your legacy for generations to come.