房地产 阅读时间:3分钟

Put It in a Letter

American actor Lee Marvin once said, “As soon as people see my face on a movie screen, they knew two things: first, I'm not going to get the girl, 和第二, I'll get a cheap funeral before the picture is over.”1

Most people don’t spend too much time thinking about their own funeral, and yet many of us have a vision about our memorial service or the handling of our remains. A letter of instructions can help you accomplish that goal.

A letter of instructions is not a legal document; it’s a letter written by you that provides additional and more-personal information regarding your estate. It can be addressed to whomever you choose, 但通常, letters of instructions are directed to the executor, 家庭成员, 或受益人.

Make a Cheat Sheet

Think of a letter of instructions as a “cheat sheet” to your estate. Here are a few ideas and concepts that may be included:

  1. The location of important legal documents, 如你所愿, insurance policies, titles to automobiles, 财产的行为, 等.
  2. A list of financial assets, including savings and checking accounts, 股票, 债券, and retirement accounts. Be sure to include account numbers, PINs, and passwords where applicable.
  3. A list of pensions or profit-sharing plans, including the location of their explanatory booklets.
  4. The location of your latest tax return and Social Security statements.
  5. The location of any safe deposit boxes and their keys.

Identify Funeral Wishes

A letter of instructions is also a good place to leave burial or cremation wishes. You should consider giving the location of your cemetery plot deed, if you have one. You may even wish to specify which hymns or speakers you would like included in your memorial service. Although a letter of instructions is not legally binding, your heirs will probably be glad to know how you would like to be remembered. It also may be helpful to leave a list of contact information for people who should be notified in the event of your death.

There is no “best way” to write a letter of instructions. It can be written in your style and reflect your personality, or it can be written to simply convey information. You should decide what type of letter best fits your estate strategy.

1. Brainyquote.com, 2019

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Copyright 2021 FMG Suite.

分享 |

Have A 问题 关于 This Topic?

谢谢你!! 哦!
 

相关内容

Charitable Giving: Smart from the Heart

Charitable Giving: Smart from the Heart

Do you have causes that you want to support with donations?

A Checklist for When a Spouse or Parent Passes

A Checklist for When a Spouse or Parent Passes

An overview of some fundamental steps when a loved one passes.

Principles of Preserving Wealth

Principles of Preserving Wealth

How federal estate taxes work, plus estate management documents and tactics.

友情链接: 1 2