Sorry I’m Dead: Why a letter to executor can be as important as crafting your estate plan. 

Wills should accomplish two important objectives: 1)  clearly identify who will be the beneficiary of your assets when you die and 2) clearly appoint the executor to be in charge of that process. 

Doing everything possible to prepare now eases slightly the burden on your loved ones when they need it most.

When a loved one dies,  families and friends face a host of functional problems in wrapping up the business of that person’s life. And so, a well thought-out estate plan will have much more than just a will. 

One of these other documents is called a “Letter to Executor”.

A letter to the executor is an informal document which is not legally binding on the executor and the contents should be tailored to your needs. You can express your hopes and dreams as to how your estate might be used to benefit your loved ones. You can leave a final note saying goodbye. You can leave a listing of your assets and contact information for your financial manager and or CPA. You can leave social media usernames and passwords, or passwords to digital assets.  Whatever information you think might be helpful, a letter to executor is a good chance to provide that to your loved ones.

Ready to plan your estate? Contact Townsend Allala, Coulter & Kludt today or request a consultation online with a seasoned and skilled estate planning attorney in El Paso, TX.

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