Dear Raider, I read Mr. Farr’s article about things to leave and not to leave your children and grandchildren this past Tuesday. Nothing was mentioned about leaving a legacy. I remember Legacy Stories used to be a service that the Farr Law Firm offered to clients, but I believe they are not as widely used […]
The Four Phases of Retirement and Leaving a Legacy
Dr. Ken Dychtwald, CEO and founder of Age Wave, is a researcher on aging and financial habits in America, author of 18 books, and one of the world’s foremost experts and visionary thinkers regarding aging and longevity. In some of his recent work, Dr. Dychtwald interpreted research on retirement, organizing retirement into four phases. According […]
What Your Loved Ones Want and Don’t Want May Surprise You!
Q. I visited my mother the other day, and we sat on the sofa in her living room with my children enjoying each other’s company. We reminisced about memories of me growing up and looked at old photo albums with the kids. In some of the pictures that were taken at my grandparents’ house, I […]
Leaving a Legacy and Tips for a Family Discussion
Dear Oakley, I have heard people speaking of leaving a legacy for their loved ones for when they die. The few times I’ve brought it up, my family does not want to talk about death and changes the subject. What exactly is involved in leaving a legacy, and how can I ease my family into […]
Live a Legacy for Your Grandchildren; Then Leave One for Them
Q. The discussion of leaving a legacy recently came up in conversation among our friends and family. It seems our friends are way ahead of us on what they will leave future generations and how they hope to instill values in their grandchildren. My husband and I aren’t getting any younger, and with six grandchildren, […]
How Do You Want to Be Remembered?
When Jennifer’s father died, her first worry was about her mother and how she will recover. Her mother was so shocked and saddened when it happened that she didn’t want to get out of bed and face the world, let alone deal with paperwork. Luckily, Jennifer’s father had everything in order, allowing her, her mother, […]
Passing Along Your Values Along with Your Valuables
Q. My wife and I are approaching retirement, and we are updating our estate planning documents. We read something about writing a legacy letter along with our estate planning, where we leave more than material things to our children and grandchildren – where we pass along our values as well as our valuables. As a […]