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The letter itself has no legal standing, so it can't supersede a will. Still, a letter of intent, also called a letter of instruction, can be of enormous practical and emotional value to your loved ones. A letter of intent conveys essential information about personal and financial matters in combination with your will.

Checklist for getting your affairs in order Plan for your estate and finances. ... Plan for your future health care. ... Put your important papers and copies of legal documents in one place. ... Tell someone you know and trust or a lawyer where to find your important papers.

What is a letter of instruction? A letter of instruction (also known as a letter of intent) is an informal supplement to an estate plan which provides your Successor Trustee/Executor with detailed information concerning your wishes after you die.

Any letter of intent examples should follow the same format and include the following: A professional salutation. An introduction. A body that clearly states your purpose. An appropriate closing. Contact information.

What Is an Estate Plan? An estate plan is a collection of documents and includes a will, guardianship designations, healthcare power of attorney, beneficiary designations, durable power of attorney, and a personal letter of intent, outlining your wishes, should you die or become incapacitated.

The five most important documents to have in your estate plan are your will, a trust, powers of attorney, advanced medical directives, and beneficiary designations.