The most important 15 minutes of your estate planning preparation is using this assessment. The 15-Minute Estate Assessment™ is a crucial step that prepares you before meeting with your estate planning attorney.
A letter of instructions is a written statement by the settlor designed to offer the trustees of a discretionary trust some guidance in the exercise of their discretion. Although such a statement, generally non-binding and written by a non-attorney settlor, may contain inconsistencies and raise questions, it would nevertheless be immensely helpful to a trustee in ascertaining the settlor’s state of mind and purposes in establishing the discretionary trust.
If you don’t have an estate planning attorney, below is our “directory of directories” to find a suitable advisor for you, depending on the complexity of your planning.