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What is an Ethical Will and How May You Use It?

By on April 28, 2016

Unlike the will, an ethical will is not a legal document, it is just a way to share your values, life’s lessons, hopes and all other thing you consider important for your loved ones. So, an “ethical will” is not a legal document, but a personal statement.

What Should You Include in an Ethical Will?
Following we suggest a list of some things you can write about in your ethical will. They are not obligatory, and you can define for yourself those things that is appropriate to you and write about.

Ethical wills (also known as “legacy letters”) may be useful for many purposes, including:
• You may make people learn about yourself by stating your most important values and life experiences,
• telling your stories so they will not be lost,
• expressions of or requests for forgiveness
• clarifying your legal estate planning documents by explaining your decisions,
• how you would like to be remembered after death,
• instructions about your burial or cremation services,
• Etc.

Storing Your Ethical Will
If you do not pass on your ethical will right away, be sure to store it in a safe place. You may also make a video or audio recording. Be sure your loved ones know what to look for and where.

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About Ara Yeghikyan

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