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A letter of instruction is a document that provides employees with steps that the sender is asking them to complete. The content of the letter could be steps for a project, task or presentation. Typically, letters of instruction are clear and brief. Their main purpose is to instruct the recipient to complete a task.
When paired with a Will, a letter of instruction will simultaneously clarify any potential discrepancies and ensure one's intentions are carried out upon passing. These documents are so useful, in fact, that everyone should consider including one in their estate plan and respective Will.
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.
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.
A letter of last instruction is an organized way for you to give your family all the facts about your finances?and have a basic tool for your own money management. A letter isn't a will or a substitute for one. A will is a legal document telling an executor how to dis- pose of property and personal effects.