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Statement / Letter of Wishes

Statement / Letter of Wishes

Will and Testament

Statement / letter of wishes to provide general guidance to the executor and set out the reasons for distribution. While the document is not legally binding, it can have strong moral sway. This is particularly important where there could be a potential challenge to the will in case of unequal distributions.

The donor acknowledges that the will determines how my estates will be distributed on death. This statement of wishes in no way revokes or changes the provisions of my will. While this does not, and cannot, change the provisions of my will, the donor expresses the wish that my executor has due regard to these wishes when administering my estates.

The donor acknowledges that the circumstances at the dates of death may have changed and the donor realises that the executor will have the ultimate ability and discretion to make their decisions by the provisions of the will, regardless of the wishes set out in this statement or any further statement of wishes the donor may prepare. This statement supersedes and revokes entirely any previous letter / statement that the donor may have prepared in relation to the will.

How to use this Document?

 

Statement / letter of wishes to provide general guidance to the executor and set out the reasons for distribution.

This document should be carefully read by the two parties.

You should sign and return a copy. Your signature should also be witnessed.

 

How to Tailor the Document for Your Need?

  1. Create Document: Click on the “Create document” button and fill in the details of the parties. You can click the “Fill with Member’s Information” button to complete the party’s information with your personal or business information saved to your account. 

  2. Please fill in any additional information by following the step-by-step guide on the left-hand side of the preview document and clicking the “Next” button.

  3. When you are done, click the “Get Document” button and you can download the document in Word or PDF format.

  4. Please get all parties to review the document carefully and make any final modifications to ensure that the details are correct before signing the document. Each party should have a copy of the executed document.

 

 

 
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