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Letter Of Intent Will
"I need a Letter of Intent Will to accompany my formal Will, specifically focusing on explaining why I'm leaving my family business to my younger daughter and providing detailed guidance about how I want my digital assets and cryptocurrency holdings to be managed."
1. Personal Details: Full name, address, and date of birth of the person making the Letter of Intent
2. Reference to Main Will: Details of the formal Will this Letter of Intent accompanies
3. Statement of Purpose: Clear explanation that this is a non-binding guidance document
4. Personal Wishes: Detailed explanation of intentions regarding distribution of specific assets
5. Rationale: Explanation of reasoning behind specific decisions or distributions
1. Care of Dependants: Specific wishes regarding care of children or other dependants - use when there are minor children or vulnerable dependants
2. Personal Effects Distribution: Detailed wishes for distribution of personal items - use when there are specific items of sentimental value
3. Business Interests: Guidance on handling business assets or interests - use when the person has business holdings
4. Digital Assets: Instructions regarding digital assets and accounts - use when there are significant digital assets or online presence
1. Asset Schedule: List of specific assets and intended beneficiaries
2. Family Tree: Visual representation of family relationships to clarify intentions
3. Personal Messages: Individual messages to beneficiaries explaining decisions
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