When you think about the kind of legacy you want to leave, is it really all about money? No, of course not! There is so much more to you than the house you own and the bank accounts you manage. In fact, arguably the most valuable assets you have are those intangible ones: your values, your experiences, and your lessons learned. How do you ensure that these intangible assets are passed down?
One way to preserve your intangible assets is through recording memories, experiences, and lessons for future generations. These can be shared through letters, photo albums, audio recordings, or even video interviews. If you have ever come across an old letter or photograph of a loved one long passed, you know how impactful these memories can be.
Another way to pass on your values to future generations is to incorporate charitable giving into your estate plan. You can do this by leaving money, real estate, or personal property (such as automobiles, culturally-significant collections, or even art) to charitable organisations that uphold the values you want to protect.
