What is an Ethical Will?
An ethical will is a deeply personal document where individuals share their values, life lessons, hopes, and dreams with their loved ones. Unlike a legal will, which outlines the distribution of physical assets, an ethical will serves as a way to pass on intangible treasures such as wisdom, principles, and heartfelt messages. You can read more about this topic here.
To help you get started, I’ve created a thoughtful questionnaire designed to guide you through the process. By answering the questions, you’ll uncover meaningful insights and create a heartfelt document that reflects your unique legacy. Writing your ethical will is not just a gift for your loved ones—it’s also a powerful way to honor your own life’s journey.
Ethical Will Creation Questionnaire
Section 1: Your Story and Values
- What experiences shaped your perspective on life and money?
- What principles or values have guided your decisions?
- What lessons from your upbringing do you hope to pass on?
- Are there specific moments or people that had a profound impact on your journey?
Section 2: Reflections on Wealth
- How was your wealth acquired, and what does it mean to you?
- What role has money played in your personal happiness or fulfillment?
- What challenges or regrets have you faced regarding wealth?
- How do you define success, and how does that relate to financial resources?
Section 3: Hopes for the Future
- What do you hope your beneficiaries will achieve in their lives?
- How would you like your wealth to support their goals and dreams?
- What guidance would you give them about balancing financial independence with family support?
- Are there specific ways you hope they will use their inheritance?
Section 4: Family and Legacy
- What do you cherish most about your family’s history or traditions?
- What values do you want your family to uphold for generations?
- Are there stories, lessons, or philosophies you want to share about your life?
- What is the most important message you want your family to remember?
Section 5: Giving and Gratitude
- What role has philanthropy played in your life, and how do you hope it continues in your family?
- What causes or organizations do you feel passionate about?
- What or who are you most grateful for in your life?
- How have the people closest to you enriched your life?
Section 6: Wisdom and Encouragement
- What advice do you have for your children or grandchildren about navigating life?
- Are there any sayings, quotes, or teachings you find particularly meaningful?
- What do you believe are the most important qualities for a fulfilling life?
- How would you like your words to inspire future generations?
Section 7: Final Reflections
- What is one truth you’ve learned that you want to pass on?
- How do you want your family to feel when they read your ethical will?
- What is the single most important thing you want to convey?
Take your time to reflect deeply on these questions. Each answer you provide will help lay the foundation of your ethical will, crafting a heartfelt document that embodies your values, shares your wisdom, and conveys your hopes for the future. This process isn’t just about leaving something behind for your loved ones—it’s also a chance to honor your life’s journey and articulate what truly matters to you.
If you’d like guidance in creating your ethical will or need support in shaping these reflections into a meaningful document, I invite you to reach out. Together, we can explore your unique story and ensure your legacy is captured with the care and intention it deserves. Contact us today to schedule a meeting and take the first step in this transformative process.
Disclaimer: The content provided in this blog is for informational purposes only and should not be considered as financial, legal, or tax advice. Wolf Pine Capital does not guarantee the accuracy or completeness of any information provided herein. Please consult with a qualified professional regarding your specific situation before making any financial decisions. All investments involve risk, and past performance is no guarantee of future results.