How to Create a Legacy Binder

In case of illness, emergency or death, the last thing children should have to deal with is confusion about financial, legal, medical, and end-of-life preferences that they did not know about. At a time of crisis or grief, the ability to think clearly is severely compromised. It’s hard to make decisions about anything. It’s even harder to try to find papers and records that could easily, with a little bit of planning and forethought, have been gathered and catalogued in advance.


It is an act of love for parents to provide their adult children with the information they need to help them as they age. The best way to do this is keep the information in one place.

There are commercial binders for this purpose such as Vital Records PortaVault http://www.securitaonline.com with pre-labeled tabs and document pockets for organizing your records and papers. You can also make your own binder and insert tabbed sheets for each category. The important thing is to have a system that you can easily update if any information changes. For everyone’s protection, make sure that any changes are updated and included in the appropriate section in the binder. You will find a list of documents in the appendix of the book.

Children should know where this binder is kept. If parents don’t want to disclose financial information, they should at least have the financial and legal contacts listed in case the children need them. Funeral preferences should be readily available because this is the first thing children will have to deal with. You can keep the binder in a fireproof safe as long as your children know the combination. If you choose to keep the originals in a safety deposit box, be sure adult children are authorized to enter it.

  • Money

    Talking about money can be a touchy subject for families. But it’s never about the money itself. It’s about how money shapes thinking about other things like relationships, power, rules, love, fairness, and a host of other expectations and attitudes. 

    Money Love & Legacy gets to the heart of these concepts and helps you navigate through these mindsets to get conversations going with love and respect.

  • Entitlement

    Entitlement is a one-way mindset that focuses on what we are owed instead of acknowledging that we have obligations in a relationship. Children raised with a sense of entitlement believe the world revolves them and their needs. 

    Money Love & Legacy helps parents understand that an inheritance reflects the quality of a relationship. It is not a legal obligation in the United States. Knowing that helps parents see with more clarity how they want to handle the distribution of their estate. 

  • Inheritance

    Inheritance often serves as a final report card for siblings. Childhood hurts can be revived and sibling relationships destroyed when heirs are faced with unequal portions of a parent’s estate. 

    Money Love & Legacy explores these difficult decisions faced by parents. The book shows you how to analyze and honor your deepest feelings about your inheritance plans.

     
  • Forgiveness

    Forgiveness is intentional. It’s a solo act and it is always possible. The end result of forgiveness may not be reconciliation which often is not achievable. However, deciding to forgive on your own can help ease pain through acceptance of the past. 

    Money Love & Legacy explores this concept in depth through the author’s own story. It provides guidelines for understanding your wound and provides the questions you need for healing it. 

  • Legacy

    We create legacy by how we live, not how we die. Our legacy is shaped by the values we hold, and how those values are reflected in the life we live. Most of all, it is about how we want to be remembered. 

    Money Love & Legacy shares stories of people who created their legacy by their connections to family and community. It will show you how to transmit your values through the decisions you make at the end of life. 

  • 1
  • 2
  • 3
  • 4
  • 5

Buy Money Love and Legacy

Conversations between parents and children about money