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Article: ETHICAL WILLS: A TOOL FOR RESOLVING UNFINISHED BUSINESS

Article from:
Aging Today
Article date:
March 1, 2006
Author:
Copyright

Los Angeles Times writer Elizabeth Mehren observed in a 2002 article that because of events like the September 11 attacks, "More people are drafting 'ethical wills' in which they leave words of wisdom as well as their possessions to their heirs. Boomers-members of a generation that long has prided itself on doing things differently-are embracing ethical wills as a way to put a-personal mark on life's grand finale."

An ethical will is a personal statement from a parent or grandparent, an aunt, uncle or friend to those loved ones who are important to the writer. Ethical wills are not legally binding and do not include a list of material assets. Usually they contain what the writers believe ...

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