Estate planning is a deeply personal process—one that allows individuals to reflect on their values and decide how they wish to be remembered. For Ohio residents who are passionate about environmental conservation and sustainability, the process of estate planning offers a unique opportunity to honor a lifelong commitment to the planet.
With thoughtful choices and the right legal tools, you can create a legacy that supports ecological responsibility and promotes the well-being of future generations. This kind of focused approach is often referred to as “green” estate planning.
Charitable giving
One of the most direct ways to incorporate green values into your estate plan is by facilitating charitable giving to environmental organizations. Whether it’s a local land trust, a wildlife preservation group or a nonprofit focused on climate change, these organizations rely on donations to continue their vital work. Through your will or a revocable living trust, you can designate a portion of your estate to support causes that align with your environmental values. You may also consider establishing a charitable remainder trust or donor-advised fund, which can provide ongoing support while offering tax benefits to your estate.
Green burial
You can also explore options for green burial. Traditional burial methods can harm the environment. In contrast, green burials use biodegradable materials and avoid toxic substances, allowing the body to return naturally to the earth. More cemeteries in Ohio are beginning to offer environmentally friendly burial sections, and your estate plan can include instructions to ensure your final arrangements reflect your eco-conscious wishes.
Asset management
If you own land, you may want to consider placing a conservation easement on the property. This legal agreement, typically arranged through a land trust or conservation organization, limits development and preserves the natural features of the land in perpetuity. It allows you to protect open space, water resources or farmland while still passing the land on to your heirs or other beneficiaries.
Another important element is how your assets are invested. Environmentally conscious individuals may choose to align their investments with sustainable practices through what’s known as socially responsible or ESG (environmental, social and governance) investing.
Ultimately, honoring a commitment to the planet in your estate plan is about using your legacy as a force for good. Seeking personalized legal guidance is a great way to get started.