A letter to accompany your will is an often-overlooked but critical part of your death. Here’s what to include, writes SimonPB.
September was wills month and hopefully everybody either made one or ensured their will remains an accurate reflection of how they want their assets divided.You may wish to be buried in a particular place before a big wake, or prefer a quiet funeral followed by cremation and the scattering of your ashes somewhere special?
My letter contains details of my assets: what they are, where they are held, and account details. Yes, the estate should trace all of these, but it’s easier with an up-to-date list. This is especially important if you have nontraditional assets such as an offshore crypto account or krugerrands buried in the garden.
Here we have to be careful: the master password needs to be safe. So make sure this letter is really secure. The letter could also be a physical document or a password-protected file on your computer. Just make sure your family knows how to find and access it.
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