Article: Ethical wills catch on as part of estate planning; Some clients want to pass on more than money.(News)

Byline: Joanna Sabatini

When it comes to estate planning, some financial advisers are talking to clients about passing on more than just material wealth to their heirs. Those advisers say ethical wills are becoming more popular among those who want to share their guiding principles or express hopes for surviving family members.

"We go through the formal estate-planning process, work with the client's attorneys and [with] trust accountants, but there is always something extra,'' said Hillel Katzeff, a financial adviser with HK Financial Inc. in San Diego.

"Obviously, clients want to pass on their legacy, but it's not just the money. Ethical ...

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