Your faith and values are an integral part of who you are. While these important aspects of your life should be passed on to your loved ones during your lifetime, you may also want to consider their value in estate planning. There is no greater way to leave behind a legacy of faith and values than by ensuring their reflection in your final wishes.
To ensure the importance of your religious and personal beliefs, you must take the opportunity to incorporate these things into your will and other end-of-life documents. Here are a few ways in which you can emphasize the importance of your beliefs, instilling lasting thoughts and ideas into the minds of your family and children.
Power of Attorney/End-of-Life Decisions
Choose a representative who shares your faith and values or someone who understands them and is committed to ensuring that your final wishes will be upheld.
Funeral/Burial
If you have specific beliefs and/or wishes, preplanning for your funeral and burial is a good idea. This will ensure that your wishes are carried out and can prevent your family from making decisions that do not reflect your views.
Charitable Giving
Your faith and values are often reflected in the charitable organizations you support. You can leave a lasting legacy by planning for charitable contributions in your will or trust. This is an important aspect of estate planning, as failure to create provisions for charitable giving often leaves your wishes unknown and unfulfilled.
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