There Is Room for Religion in an Estate Plan

Interests vary when it comes to estate planning and reflecting your views.

Religion and estate planning can intersect, according to Wealth Management in "Religion and Estate Planning."

One example of this is if you have minor children. You might want to ensure that funds are available for religious schooling. Also, some religions have specific instructions about how property should be divided between heirs and others have prohibitions on collecting interest that might be relevant to allowable transactions the estate can make.

As there are many different religions and many different levels of belief, it is impossible to list every possible example.

What does all this mean to you? If you want to make sure your religious beliefs are reflected in your estate plan, then you need to hire an estate planning attorney and let the attorney know what your beliefs are.

An estate planning attorney can guide you in an estate plan that reflects your beliefs.

Reference: Wealth Management (Sept. 27, 2016) "Religion and Estate Planning,"