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Sample LETTER OF WISHES To the Executors and Trustees of * Nil Rate Band Discretionary Trustworthy Executors and Trustees of our Wills In our Wills we have provided for a Discretionary Trust to be.
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Flexibility FAQ
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The purpose of the letter of wishes is to provide guidance to the trustees as to the manner in which the settlor would like the trust fund to be administered for the benefit of his or her chosen beneficiaries.
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Letter of wishes format The date of the declaration, and the names of your executors or trustees. The letter, which could begin with a summary of your aims, followed by a priority list of beneficiaries.
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A Letter of Wishes is a document that can be drafted to accompany your Will. It can provide important guidance to the executors, trustees and/or family dealing with your estate or with any trusts that are to be set up after your death.
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What is a 'letter of wishes'? A letter of wishes is a document drawn up to accompany your will. However, unlike your will, a letter of wishes is not legally binding, instead, it provides guidance to the individuals dealing with your estate and/or any trusts after your death.
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A Letter of Wishes is a tool that can be used by someone setting up a trust (the settlor), or making a Will which includes a trust (the testator): to describe how they would like the trustees to manage the assets of the trust.
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I, (name), of (address), wish to state my wishes with respect to my gifts to charity. I appreciate that this letter imposes no legal obligation upon you but it expresses my wishes to which I hope you will have due regard.
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I, (name), of (address), wish to state my wishes with respect to my gifts to charity. I appreciate that this letter imposes no legal obligation upon you but it expresses my wishes to which I hope you will have due regard.
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A letter of wishes is a tool used by someone setting up a trust, to pass along information to the trustees. A letter of wishes usually contains instructions or extra information for the trustees.
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