The use of Wills has always been encouraged by legal specialists. Recently, however, a second document, a Letter of Wishes, has also been deemed to be of importance in estate planning.
Although these sorts of letters are not legally binding, they have become increasingly common, and many legal advisors have begun to see them as an important addition to traditional Wills.
Letters of Wishes are generally used to explain a testators decisions laid out in their Wills. These have become more commonly used when there are more complex families or family dynamics. Since the rise in blended families, for example, a Will writer may like to inform their loved ones why a particular bequest was made.
Will writing solicitors in North Wales have also seen an increase in these letters when there have been multiple marriages or when younger children are involved. It must be emphasised that any instructions left in a Letter of Wishes does not undermine the details of the Will. It is also worth noting that a letter does not change the legalities of who can inherit.
Wills executors are becoming increasingly reliant on Letters of Wishes to explain why a testator made their inheritance choices. The document should generally be stored alongside the Will in a safe and appropriate place that is easily identifiable for Wills solicitors in North Wales.
Take a moment today to make contact with us here at Bennett Smith Solicitors, request to book an appointment with one of our legal experts to discuss everything relating to your Will.
