Some thirty-five years ago your writer was taught that estate planning is about getting your assets to whom you want, when you want, and the way you want, with the least amount of taxes and legal fees possible.
In the intervening time, we have learned that estate planning is more — it is legacy planning. Legacy has two meanings (1) the assets you leave, and (2) the impression you leave. Your assets will dissipate, but your impression will endure.
Were you kind and generous? Were you forgiving and grateful? Were you compassionate and did you bring light into the world, despite your setbacks.
Our readers have surely noticed over the years that these sponsored columns are not only about law, but just as often about how to become a better human being. Much of it has been learned from our interactions with clients. A client once asked if I had a degree in psychology. I answered yes, I have a Masters. When she asked where I got it, I said sitting behind this desk eight hours a day for the last thirty-five years!
Observing people you learn that perspective is everything. 224"