Davidson Law Group on Estate Planning: Letter of Instruction

Estate Planning: What to Include in a Letter of Instruction

While the Last Will and Testament is the most widely known document in estate planning, there are other important elements as well. Another important aspect of estate planning is a document called a Letter of Instruction. This document will tell your loved ones important personal and financial matters that you wish for them to carry out after your death. In today’s blog, the estate attorneys at Davidson Law Group explain what details you should include in your letter of instruction.

Funeral Arrangements

The first thing you should include in a letter of instruction is information about how you wish your funeral and burial to be carried out. This material should consist of any plans that you have already made, what type of service you would like, who you want to officiate the service if you’re going to be buried or cremated, what to do with your remains, and anything you think would be beneficial for your grieving family members to know.

It is also a good idea to include a list of people you want to be notified upon your death or any donations to specific charities you wish to make in your memory.

Financial Information

Include any information about bank accounts, assets, or other accounts that you own to help your family members carry out your estate plan. Also, include the names and numbers of the tax professionals or estate planners that helped you plan, and the location of any important documents you own.

Digital Information

A lot of our information these days is digitized. Social media, digital accounts, and digital devices all require passwords. It’s a good idea to leave all of this information in your letter of instruction for your family members.

Related Post: An Estate Attorney Explains Leaving Digital Assets in Your Will

Personal Items

You should explain any personal items that have sentimental value in your letter of instruction. This inclusion can help ease contention between your family members over items that have personal value, collections, or heirlooms that may not have a monetary value. You can also include personal statements about your wishes for specific friends or family.

Related Post: Including an Art Collection When Estate Planning

Estate Planning with Davidson Law Group

If you are already going through the process of estate planning, it’s a good idea to get started on a letter of instruction to solidify all of your wishes. A document like this can be a source of peace and comfort for you and your family members. Contact your estate attorney at Davidson Law Group to make sure that your letter complements your estate plan. Contact our offices in Fort Worth, Allen, or Tyler or visit our website for more information about how we can help with estate planning.