The value of a letter of wishes

When you’re planning your estate, your Will sets out the legal side of things, who gets what and who is responsible for carrying out your instructions.

However, the law alone doesn’t tell the whole story and that’s where a letter of wishes could prove useful to you.

Whilst not legally binding, it can give you the chance to explain decisions in your own words, offer guidance to executors and trustees and give loved ones clarity at what can be a difficult time, alongside the more formal matters in your Will.

What can a letter of wishes cover?

Your letter can provide extra detail to support your Will. For example, you can:

• Explain how you would like your executors to divide money or personal items
• Give trustees clear direction on how to manage any trusts you’ve set up
• Share why you have chosen certain people for key roles such as executor or trustee
• Set out your reasons for leaving (or excluding) someone from your Will — which can reduce the risk of future disputes

It’s your opportunity to make sure the people carrying out your wishes understand the thinking behind your decisions.

Can I include funeral wishes?

Yes. If you haven’t already told your family, a letter of wishes is a simple way to set out what you’d like for your funeral.

You might want to say whether you wish to be buried or cremated or even include details such as songs, hymns or readings. Writing it down helps take the burden of guesswork away from your family.

When should I write one?

The best time to write a letter of wishes is when you make your Will. Keeping them together ensures nothing gets lost and you can update your letter whenever your circumstances or your Will, change.

Unlike a Will, a letter of wishes doesn’t need witnesses, but it should always be signed and dated.

A letter of wishes is a useful way to provide comfort and clarity for your family, but it works best when it is carefully thought through and tied in with your Will.

Our private client team can guide you through the process, helping you decide what to include and making sure your letter works hand in hand with your Will.

If you’d like to make a Will or add a letter of wishes, get in touch with our team today for clear, practical advice.