Throughout life, you create goals and values based on your own experiences. With the help of a legacy letter, you can talk about your wishes in more detail and forge a personal connection with future generations.
Centuries ago, families used storytelling to pass down values, beliefs and ethics. Today, storytelling is an effective way to preserve your philanthropic goals by providing insight and wisdom to friends and family after you pass away.
Although wills and trusts are legal documents used to outline your intentions for the people and causes you cherish most, they don’t express why you were inspired to make certain decisions. A legacy letter, also known as an ethical will, can fill that gap. This document can help supplement your estate plan and is the perfect tool to discuss your connection to K-State.
Your letter should feature the principles that guide your life. It may provide critical details that outline family traditions and clarify how you want your legacy to be followed.
Your legacy letter is a special gift to others. It’s an opportunity for you to provide deeper insight into your life and offer personal lessons.
In preparing your own story, think about your major influences and motivation — experiences that shaped your values. The following questions can help you get started.
You can preserve your legacy letter in many ways:
A simple written letter. This is the easiest way to create a permanent record of your values that will not become outdated with changing technology.
Online tools. In addition to your letter, you can add photos to highlight specific points you address. You can also create a website or post on social media.
Film a video testimonial. A recording can provide an added dimension and bring your story to life in your own voice. Everyone has a story to tell. Be sure that your loved ones know yours. Remember to share your connection to K-State in your letter and feel free to contact us if you would like to include a gift to K-State in your estate plan.
Your reflections are life lessons to share with future generations. They may provide you with new perspectives on life and will likely be eye-opening to your children, grandchildren and other individuals who have played a significant role in your life.