She’s been called the “Queen of Christmas Music” — Amy Grant’s five studio Christmas albums have been topping the holiday charts since 1983. The first of those efforts, A Christmas Album, includes a haunting track called “Heirlooms” that still garners airplay today.
“Up in the attic,” she sings, “down on my knees… lifetimes of boxes, timeless to me.” The Georgia-born star goes on to herald the various letters, keepsakes, and other heirlooms that might not hold much financial value but nevertheless mean the whole world to her family.
The song is a stirring reminder not only of how special this time of year is to so many people but also of just how valuable sentimental value really can be.
It’s an issue that too many people overlook when making their estate plans. Houses, automobiles, bank accounts, and insurance policies leap to the top of people’s lists when protecting their assets, but too many wills and trusts fail to address personal heirlooms with specificity.
Sure enough, disputes about financially worthless items with considerable sentimental value have been the downfall of many otherwise solid estate plans. Just last year, Robin Williams was praised for the comprehensive directions he left behind after his passing, but his family nevertheless went to battle in court over his personal keepsakes and collections.
Those battles ultimately cost the family and the estate a pretty penny.
“When it comes time for you to make (or update) your estate plan, it’s important to remember that wills and trusts aren’t just about assets. They’re also about people, memories, and emotions. All of which should be considerations in your estate plan. Our office can increase the sentimental value of your plan while at the same time decreasing the risk for conflict.”
Like the song says, “my precious family is more than an heirloom to me.” We understand that sentiment, and we want to help you make it a part of your estate plan.
Call us today to learn more.