Document background
The Estate Planning Letter of Intent serves as a comprehensive guide that bridges the gap between legal documents and personal wishes in estate planning. It is particularly valuable when there are minor children, specific care instructions, or complex family situations that require detailed explanation. While not legally binding under U.S. law, it provides crucial context and guidance to executors, trustees, and guardians about the intent behind formal estate planning documents. The letter typically includes information about personal values, care preferences, asset distribution rationale, and specific instructions that might not be appropriate for inclusion in formal legal documents. It's commonly used alongside wills, trusts, and other binding estate planning instruments to ensure that the deceased's wishes are fully understood and properly implemented.
