People often prepare a letter of instruction, which tells loved ones how to find important information. A letter of instruction is a three-part personal letter that goes along with your Will. The first part includes instructions for planning a funeral and names of people to contact when you die. The second part covers financial affairs such as your assets, list of accounts, and phone numbers for your employer, insurance agent, or broker. In the final part, people often name who they want to receive specific personal items and write special messages to loved ones.
Since a letter of instruction is not a legal document, it does not have the same legal impact as your official Will in distributing your personal property. But it can go a long way in eliminating family discord over mementos, photo albums, and other personal items.
Original Source: AARP Living Longer, Living Smarter Resource Guide
Bradford Miller Law, P.C. can prepare all your legal estate planning documents. We will offer advice, and keep your estate plan current with the laws governing estate planning. And, you have the satisfaction of knowing that your affairs are in order, per your wishes. At http://www.bradfordmillerlaw.com you can find helpful information regarding Estate Planning and information about our firm. Give us a call at 312-238-9298 for a FREE 15-minute consultation.
Posted by Bradford Miller Law, P.C.
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Thursday, August 14, 2014
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