In the realm of estate planning, the concept of a “Letter of Wishes” holds significant importance. This informal document, while not legally binding, serves as a valuable guide to trustees managing the proceeds of an insurance policy or other assets held in a trust. Today, we delve into the intricacies of creating a sample Letter of Wishes, exploring its purpose, content, and practical implications. Understanding the Letter of Wishes A Letter of Wishes is typically formulated when an insurance policy’s proceeds are directed to benefit a trust. The letter acts as a communication from the living client to the future trustees, outlining specific intentions regarding the management and distribution of the policy proceeds. Essentially, it provides a roadmap for trustees,