Get Your Free Financial Score →Sign InYour data on this device
Free · Open access · No sign-up required
LearnFAQEstate Planning

What is a letter of intent or letter of instruction in estate planning?

Answer

A letter of intent (or letter of instruction) is an informal, non-binding note to your family and executor that explains the practical and personal details your legal documents don't cover. It might list account numbers, passwords, insurance policies, and key contacts; describe how to access your home and digital accounts; convey funeral or burial wishes; explain the reasoning behind certain decisions; or share guidance for raising your children. Because it isn't a legal document, it can't transfer assets or override your will — but it makes everything easier during a stressful time and reduces guesswork and family friction. Keep it with your estate documents and update it as things change. Many people fold it into an organized "when I die" file. It's one of the kindest, lowest-effort things you can leave behind, and it costs nothing to write.

← All FAQsMore Articles →

Educational disclaimer: All content on WealthSerene.com is for educational purposes only and does not constitute investment advice. Projections and calculations are illustrative — actual results will vary based on market conditions, your specific situation, and many factors outside this tool’s scope. Always consult a qualified financial professional for advice specific to your situation. View full disclosures →