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Leigh Hiltion, Denton Estate Planning Lawyer
What lessons are you teaching your family?
I was talking at the Heritage Trust seminar about a lesson I learned from my grandparents. Whenever they sent us a check, my grandmother always insisted that we use the money for something practical and that we wrote them a thank you note. When my grandfather passed away and left me some money, my first thought was wondering what practical thing am I going to spend this money on. This month's article is on how to pass your values on to the next generation.

One of the people at the seminar asked me, "Who are you going to write the thank you note to?" That got me thinking. I am writing this newsletter as my thank you note. I am glad my grandparents taught me to be responsible with money.

Read more about the lessons Leigh's grandparents taught her on her blog.

#6 Estate Planning Mistake - Failing to Transfer "Values"

Traditional estate plans focus almost exclusively on transferring assets, reducing taxes and reducing administrative costs. A comprehensive estate plan adds ethical wills, incentive trusts, and involves children in the process.

An ethical will is where you write down what you believe and why you believe it. It can include religious values and moral values. An ethical will can also include what you want the next generation to know about you and what lessons you want them to learn.

To learn more about avoiding this mistake, please visit our blog.

Thank you for the referrals!
  • Al & Judy Kline
  • Brad Bolinger
  • Dorothy Jacobs
  • Norma George
  • Mike Gregory
  • Carol Arrington
  • Alfred Ellsworth
  • Brooke Vinson
  • Jennifer Sicking
  • Jackie Whittle
  • Steve Martinez
  • Michelle Appling
  • Brian Fruendt
  • Lily Qian
  • Joe Zellner
  • Bill Collins
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You are receiving this email because you are a client or associate of Leigh Hilton. This information has been provided for informational purposes only. It does not constitute legal advice. The receipt of this information does not establish an attorney client privilege. Proper legal advice can only be given upon consideration of all the relevant facts and the law. Therefore, you should not act upon any information contained herein without seeking appropriate legal counsel.
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