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About: Letter of wishes     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:Volition105652593, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: wine regionyago:WikicatWillsAndTrustsyago:Ability105616246yago:Abstraction100002137yago:Cognition100023271yago:Faculty105650329yago:PsychologicalFeature100023100yago:Volition105652593 New Facet based on Instances of this Class

A letter of wishes is a tool used by someone setting up a trust, to pass along information to the trustees. A letter of wishes usually contains instructions or extra information for the trustees. The trustees are not legally bound to follow a letter of wishes, but it is guidance that they must take into account and in practice it is usually followed. It is mainly used because it is easy to change, unlike amending a will or trust deed, and will remain private among the trustees.