Do you worry about how your children will deal with their inheritance? Do you wish you could pass along the life lessons you learned while earning and saving the money you pass on to them? If so, you're not alone. A method of passing along those life lessons, values, and insights is known as an "ethical will". It's not a will per se, because it doesn't say who gets what from your estate. In fact it doesn't pass on anything but wisdom and values.
Click here to read an excellent, thorough article from www.wealthmanagement.com about ethical wills. It doesn't just explain what they are; it also talks about how they are done and suggests questions you could use if you want to prepare one. This is a great resource for anyone who has been looking for information on ethical wills.
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