Estate Planning: How to Incorporate Values and Faith

Estate Planning: How to Incorporate Values and Faith Passing along values and beliefs, for many, is as important as a tangible inheritance. Estate planning is a method of accomplishing this. Many opportunities include: End of Life Care An Advanced Directive, Colorado MOST, and healthcare power of attorney allows you to name a trusted friend or family member to carry out your wishes in the event of an illness. This person should be someone who shares your values and faith and will honour your wishes regarding your end of life needs. You may also wish to write instructions regarding organ donations, medication for pain, and hospice arrangements. You may wish to be visited by a member of your clergy. Women who are expecting may want decisions made based on how it will affect their child as well. Funeral Arrangements Your faith may affect how you choose to be buried – whether or not you wish to be cremated, have an autopsy performed, or be embalmed. Your faith may define how you want your funeral services to be performed. You may choose to have a predefined list of people you would prefer come to your wake, and you may wish to pre-pay for your burial plot to prevent overspending from grieving family. Charity Arrangements a common tie among many people of faith is their willingness to provide to charity. Making a final distribution to a synagogue, hospital, university, or other favored cause is something you should ensure you have written into your will. Inheritance Arrangements Another way you may choose to show your love to your family members is to plan the distribution of your assets following your passing. Providing for the religious education of your children and grandchildren may be the way you choose to do so. If your children are still young, choosing someone of your beliefs to raise them and manage the assets left to them will be something you’ll want to consider. Call The Law Center today at 303-991-5200 and schedule your free consultation, let us help you ensure your end of life arrangements are in line with your faith and your wishes. The Law Center PC