Leaving Memories, Not a Mess
Over the next 50 years, an estimated $45 trillion is expected to pass through estates to heirs and charities, the largest transfer of wealth in history. That alone justifies the importance of having estate documents in place, such as a will, powers of attorney for health care and finances, and possibly trusts. However, there is another document that can help your heirs understand and carry out your wishes during a difficult time: a letter of instructions. Although it is not a legal document, a letter of instructions enables you to clearly describe your preferences for a variety of issues, such…