Important Legacy Questions You Should Answer in Your Estate Plan

When beginning any type of planning, you usually start with some preliminary questions. Estate planning is no different. When you begin the process, your estate planning attorney will likely ask about your family members, the accounts and property you own, and whom you want to include in your estate plan. As you dive deeper into the process, you will need to think about how you envision things unfolding after you have passed away. 

The following questions can help you think about what matters
most to you and what you want your loved ones to receive through your estate plan in addition
to money and property.

1. What has been your greatest success? What has been your greatest regret?
   When reflecting on all that has happened in your life, look at your greatest accomplishments. It
   is natural for people to want to share their successes with their loved ones. Life’s
   accomplishments can come in many forms, from personal growth and meaningful relationships
   to professional and financial achievements. Sharing your triumphs can inspire future
   generations and guide them toward their own paths of achievement.
   At the same time, recalling things that did not go according to plan can provide guidance that is
   as valuable to your loved ones as your successes. By showing the less-than-glamorous parts of
   your life, you may be able to help your loved ones avoid the same scenarios. Such information
   can be separately conveyed to your loved ones in a letter or a video recording.