The Family Love Letter is a gift – of time, love and clarity. It is a Legacy for the Living. We will all leave a legacy. Will it be a legacy of confusion or of information? Will we add to the trauma of our death or incapacity by adding to its inherent confusion, or leave a roadmap for those who follow? Will we leave a Legacy for the Living – of the stories, hopes and desires for our family?
"When my father died, he left a house full of memories, but little information. To this day, I remain concerned that I did not know what he intended to happen and what legacy he wanted to leave behind. I did know that he wanted to he buried in Arlington National Cemetery, but even then it took me days of searching to find his military discharge papers that showed he could be buried there. I finally found them as a bookmark in a book on his shelf."
~ Jeff Scroggin, J.D., LL.M., AEP
In drafting a Family Love Letter, individuals give their families a lasting and important gift – all the vital information loved ones need to know in case of sudden incapacitation or death. Completed with a team of financial and professionals advisors, these individuals are literally making plans and taking inventory on behalf of their families – financially and otherwise, the letters include everything from wills to key contact information for lawyers and accountants to insurance policies to statements of ethics to funeral requests.
Just as important is giving your family the peace of mind that comes with clear instructions on your wishes, intents, assets, benefits and advisors. All too often, people fail to leave behind correct and complete information for their families. Without clarity of desire and specificity of information, families struggle about “what to do,” experience conflict, overlook assets or make costly, and often, irrevocable mistakes.
"No one likes to think about these matters, but we can’t overstate the importance of the Family Love Letter. It prepares loved ones for the confusion of difficult circumstances. By pulling these important documents together and leaving important details in one place – email passwords, codes to the safe, etc. – men and women are getting their house in order for the good of those they are about most."
~ Donna Pagano, President of Family Love letter, LLC
If you love someone, you want to make sure they know how to find your professional advisors; where your investments, insurance, and other assets are held; what employee or retiree benefits you’re entitled to; where to find information on trusts, citizenship, military records, or business ownership; your plans for a special-needs family member; and which philanthropic organizations hold a place in your heart. Most importantly, you want them to know you love them enough to assure they know what is important – about you and to you. If you love someone, give them the gift of a Family Love Letter.
For more information, please contact Donna Pagano at 805.497.7048 or firstname.lastname@example.org .