A letter of last instruction is an informal document that can provide guidance to your loved ones after your death. While not legally binding, it can help ease the burden on your family by providing essential information and personal wishes. In this article, we'll explore the benefits of a letter of last instruction, what to include, and how an experienced attorney from Heritage Law Office can assist you in drafting this important document.
Why Create a Letter of Last Instruction?
A letter of last instruction can be a valuable addition to your estate planning toolkit. By providing your family with clear instructions, you can help them navigate the challenging period following your passing. Some reasons to consider creating a letter of last instruction include:
Streamlining the Estate Administration Process
A well-prepared letter of last instruction can help streamline the estate administration process by providing your loved ones with essential information about your assets, liabilities, and key contacts.
Reducing Stress and Confusion
Losing a loved one is an emotionally challenging time, and a letter of last instruction can help alleviate stress and confusion by providing your family with your personal wishes and guidance.
Ensuring Your Wishes Are Known
A letter of last instruction allows you to communicate your final wishes clearly and concisely, ensuring that your loved ones understand your preferences and can honor them.
What to Include in Your Letter of Last Instruction
Your letter of last instruction should be comprehensive and cover a wide range of topics. Some key elements to include are:
Provide your full name, date of birth, Social Security number, and contact information for your experienced estate planning attorney.
Financial Assets and Liabilities
List all your financial assets, including bank accounts, retirement accounts, investments, and insurance policies. Include account numbers and contact information for financial institutions. Also, provide details on your liabilities, such as mortgages, loans, and credit card debt.
Outline your digital assets, including email accounts, social media profiles, and online subscriptions. Provide login credentials and instructions for accessing and managing these assets.
Describe your personal belongings, such as jewelry, collectibles, and heirlooms, and indicate how you'd like them distributed among your loved ones.
Funeral and Burial Wishes
Specify your preferences for your funeral, memorial service, and burial or cremation arrangements. Include details about preferred service providers and any pre-paid arrangements.
Include any personal messages or advice you'd like to leave for your family, friends, or other individuals.
Contact an Estate Planning Attorney
If you're considering creating a letter of last instruction, contact our experienced attorneys at Heritage Law Office. We'll help you craft a document that provides valuable guidance to your loved ones during a difficult time. To get started, use the online form or call us directly at 414-253-8500.