Personal Finance

Writing an ethical will

You can guide your family after your death by writing an ethical will.

When most people think of writing a will, the first thing that comes to mind are material belongings. While this is the most common type of will, and will generally require some legal preparation, it is not the only will that you can write. Many people now are finding it useful and important to write an ethical will. An ethical will can be written instead of a regular will if you are not concerned about what is taken after your death, or you can write both.

The ethical will is basically a statement regarding the beliefs and ethics that you held dear during your life. It is a good way to ensure that some of what you believed will live on after you die. This is an especially good idea if you are likely to be leaving loved ones and family behind when it is finally your time to go. By leaving an ethical will, you can continue to touch and be a part of their lives for generations.

The other benefit of an ethical will is that you do not have to wait until you are at the end of your life to write it (though, it is never too late to write this will, as long as you are still capable of doing so). If you write your ethical will earlier in your life, you can use it as a sort of code to guide your life by and to make sure that you are sticking close to your own principles.

For this reason, many people choose to write their ethical will while they are still relatively young. For instance, you might think about writing this will when you first become married, or when you are expecting your first child. The statements that you make regarding your own beliefs will help you to guide your own life and that of your child.

Some of the things that you should think about putting into an ethical will include your beliefs, your religion, and some of your most cherished opinions. You should also include your feelings and hopes for the future, as well as how you felt about your life and what you learned and achieved during it.

However, since your ethical will does not need to go through any legal proceedings, you can put in any statements that you feel fit your life and your own personal set of ethics.