Possessions of Emotional Value

AgLegacy_IMAGE

* Do you own titled property? Untitled property? Do you plan to pass that property to the next generation?
* Have you considered making a list of personal items and explaining why they are special to you as a gift to the next generation?
* Most elders have the goal of being fair in their distribution of property to the next generation. Have you considered whether equal or equitable best fits your sense of what is fair?
* Have you considered the method you might use to distribute property to the next generation: formal methods or informal, gifting, sales, donations, or other possibilities? Have you shared that with the next generation?

For Answers to these questions and much more see our recent newsletter and online module materials covering: the 2nd most important component of a legacy: Possessions of Emotional Value – Equal or Equitable?

#AGLEGACY.org #FarmSuccession #EstatePlanning

Please follow and like us:
RSS
Follow by Email
Twitter
Visit Us
Follow Me
LINKEDIN
Share
Instagram

Leave a Reply

Your email address will not be published. Required fields are marked *