Page 10 - Town & Around - April 2025
P. 10

10  Town & Around April 2025                                                           Tel: 01485 540620 email: editor@townandaround.net
       What needs to go in a will – and what can go in a letter of wishes?
       By Ed Harris, Solicitor, Hayes + Storr
              hen planning for the future, making   it’s an excellent way to provide extra detail
              a will is essential. It ensures that   and guidance. It’s particularly useful for
       Wyour assets are passed on according   covering more personal matters that might
       to your wishes. But alongside your will, you   change over time.
       might also consider writing a letter of wishes.   Here are some examples of what you might
        A will is a legally binding document,   include:
       whereas a letter of wishes is more informal
       and offers guidance to your executors. Think   Explaining your decisions
       of it as a personal note that clarifies your   If your will divides assets unequally or
       preferences and helps to fill in any gaps not   excludes someone, a letter of wishes can
       covered in your will.             explain why.  This can help reduce
        Here’s what you should know about what   misunderstandings or disputes.
                                                                                  Reviewing and updating
       belongs in each document:          Dealing with smaller personal items   Both your will and your letter of wishes
          What should go in your will?     Rather than listing smaller items like   should be reviewed regularly to reflect any
        Your will must cover the essentials that are   jewellery or furniture in your will, you can use   changes in your circumstances. A letter of
       legally binding, including:       a letter of wishes to explain who should   wishes is particularly useful because it can be
       • Appointing executors – the people who will   receive what. This letter can be easily updated   updated at any time without the need to
       handle your estate.               if your preferences change, without needing   rewrite your will.
       • Appointing guardians – for any children   to revise your will.
       under 18.                                Funeral arrangements                 How we can help
       • Distributing assets – such as money,   You can outline your preferences for the   Making a will is more than just ticking a
       property, and personal possessions.   type of funeral you’d like, such as a burial or   box – it’s about ensuring your loved ones are
       • Setting conditions – like leaving gifts that   cremation, and any specific requests for the   cared for. Our expert team can guide you
       only become available when a beneficiary   service.                  through drafting a legally sound will and a
       reaches a certain age.                                               bespoke letter of wishes that provides clarity
        Although funeral wishes can be included in   Guidance for guardians   for your executors.
       your will, they aren’t legally binding.   If you’ve appointed guardians for your   For more information, contact Ed Harris in
       However, it’s often helpful to outline them to   children, you can provide guidance on how   our Wills and Probate team on 01328 863231
       give your family some guidance.   you’d like them to be raised.  This could   or email edward.harris@hayes-storr.com

                                         include preferences for their education,   This article is for general information only and does
        What can go in a letter of wishes?   religion, or values.           not constitute legal advice. Please note that the law
        A letter of wishes is not legally binding, but                      may have changed since publication.
   5   6   7   8   9   10   11   12   13   14   15