The content of a Letter of Wishes is personal to you, so typically there is no standard template to follow. Our service guides you through the creation of your letter.
Storing Your Letter of Wishes
When you create a Letter of Wishes it is stored with us but you own it. Through lifetime access, you can update your letter at any time, saving money on fees that you would incur by updating a Will several times.
Why Not Wishes in Your Will?
There are many items that are not stated in a Will such as online accounts like Email, Facebook, Twitter, and LinkedIn (to name a few), and what to do with them. As part of Letter of Wishes, you can identify your online accounts and direct your executors on how to reduce, delete, or memorialise the account.
Within some online accounts like Facebook, you can opt for legacy access or deletion. By using Letter of Wishes, you can list instructions regarding all your personal online accounts in one place.
Distribution of Personal Belongings
When making a Will, you may choose to include a clause that asks your Executors to distribute your personal possessions in accordance with any letter found with your will.
The role of Letter of Wishes, as a document, is to help you state your wishes regarding your personal belongings and possessions. Where or who they go to can be neatly captured in the letter which can be edited at any time, and as many times as required.
Exclusion of a Particular Beneficiary
There are sometimes situations where you may want to exclude someone from your Will. This may be someone who would normally anticipate receiving something from you, such as a spouse or child. Or it might be someone else that you are now estranged from.
In your Letter you may include a brief explanation stating the situation which can remain private so that you don't have to highlight this in a Will, which is public.
Guardian or Parental Guidance
If you have children that are under 18, it is common to choose a Legal Guardian. Whilst the actual appointment of a Guardian appears in the Will, there may be guidance that you would like to give the Guardian privately about how you want your children to be raised.
This can be incredibly useful to include within a Letter of Wishes and not in the Will, and if circumstances change, you can update your letter to reflect your wishes.
Personal Statements of Affection
It is normal to think about what life would be like for your loved ones after you’ve passed away and, in a perfect world we would all be able to say our final goodbyes to those closest to us.
A letter can be a wonderful opportunity to say those kinds words and to state emotional feelings that otherwise might be missed.