Exit Strategies Fix

Exit Strategies: A Plan and A Place for Your Estate Information

Distribution of your personal property

Distribution of your valuable property is always a difficult challenge. There is the financial value as well as the sentimental value to consider. At a time of grief and loss, the physical objects seem to form a link with those we miss.

This can be one of the major areas of discontent within families. To minimize potential conflict, early discussion with parties involved is encouraged.

NOTE: The following “Letters of Instruction” are simply included to help facilitate this process, and are not intended to become part of your legal documents without the advice of your attorney.

It is suggested that you have your valuable possessions appraised every 5 to 10 years. List the items of value and discuss this list with your family to discern their desires. (You may be surprised at some of the less valuable, sentimental objects that mean a great deal to the children.)

After discussions and decisions are made, CHECK WITH YOUR ATTORNEY regarding signing and adding these to your estate planning documents.

I request that the Executor(trix) or Trustee of my estate distribute the following items to the respective individuals:

Distribution of your personal property
Item to be Distributed / To Whom

Signature: Page: ______of ______Date:

Letter of Instruction

This section is a special place to create a letter to your family and friends, which can serve as a written legacy to be shared with future generations.

The following are ideas to consider when writing a letter to your family and friends:

It can be straight forward - simply giving them instructions on how to handle the estate administration and family relationships.

It can include your personal thoughts and expressions of your love and appreciation for their roles in your life.

This can be a life review, with stories from different seasons of your life, reflecting the relationships and experiences that were meaningful to you.

Or perhaps a series of lessons learned from life, wisdoms and advice you want to share with the generations to come.

You can share your wishes for their success and happiness.

This letter may be a final good-by message to be read at your memorial/funeral service.

And for those who have had difficulty expressing your emotions and feelings verbally, this may be the perfect venue to bless your loved ones with this legacy of love.

Erase these words and type the Letter of Instruction here.

CONGRATULATIONS!

You have completed your check-list and have created a “Gift of Love” for your family.

You are now cleared for take-off!

THE END

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P.O. Box 60794, Palo Alto, CA 94306 •
Page 1 • Version 2.0 • Updated Mar-2006