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Also known as a letter of intent, a letter of instruction is specifically designed to express the deceased's final wishes?everything from how the estate plan should be carried out to the location of important documents and guidance for loved ones.
It's a good way to let to those trusted to take care of your affairs know what you would want them to know. Since the letter of instruction is not a legal document, it does not need to be notarized or signed in the presence of witnesses or with any other special formality.
The letter of instruction should include the following information: A summary of all assets and debts. The location of valuable physical assets (e.g., jewelry, art, collectibles, real estate) Details about your retirement and investment accounts.
Here are six steps to write a letter of instruction: Create a header. Before you write the content of the letter, create a header at the top left-hand corner of the document. ... Address the reader. ... Explain the project or task. ... List each step. ... Conclude your letter. ... Revise the document.
Hear this out loud PauseA letter of instruction isn't legally binding, like your will. Instead, you use it to explain the choices you made in your will, share your funeral wishes, and offer final messages of comfort to the people who mean the most to you.