Using legacy letters to help clients articulate their wishes {PFP Section}

Apr 22, 2022

The term legacy can come across as vague and intimidating. Often it is associated with assets left behind at death. In this episode of the PFP Section podcast, expert Susan Turnbull sheds light on the broader way to view legacy that will support your clients to get in touch with the difference they want to make in the lives of others now and later. Getting clear on these desires will help you to create a more targeted financial plan while also having meaningful conversations with your clients. Susan answers the following questions:

• What does legacy mean to you?
• Why is it important for advisors to talk with their clients about their vision for their legacy?
• What are some ways to approach this discussion with clients?
• What is a legacy letter or ethical will and how can advisors use this with their clients? 

Access resources related to this podcast: Note: If you’re using a podcast app that does not hyperlink to the resources, visit http://pfplanning.libsyn.com/ to access show notes with direct links.                                                            

• Learn more about creating ethical wills and legacy letters in Susan’s webcast on May 3rd and May 16th, Discover how to have impactful legacy conversations.
• If you’re interested in resources to have these discussions with clients, visit Susan’s website.

This episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Also, by the CPA/PFS credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program.

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