Tag - wills

Letter of Wishes

Letter of Wishes

What is a Letter of Wishes? A letter of wishes (sometimes referred to as a memorandum of wishes) is a document which is prepared in conjunction with your Will. A letter of wishes is commonly used to provide additional information to your executors/guardians which is not contained in your Will. This allows you to draft a Will, with the substantial reasoning behind each gift being explained in the letter of wishes. It is important to note that a letter of...

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what is a will

Understanding Wills – What is a Will?

What is a will? It is commonly asked what is a will. A will is a document which expresses how and to whom the property of an individual (the testator) will be distributed after their death. It is prudent to engage a solicitor and give clear instructions regarding how and to whom your property will be distributed after your death to ensure the validity of your will. Under a will, a trustee holds property on trust for the nominated beneficiaries and...

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