A letter of wishes is a tool used by someone setting up a

trust Trust often refers to: * Trust (social science), confidence in or dependence on a person or quality It may also refer to: Business and law * Trust law, a body of law under which one person holds property for the benefit of another * Trust (bus ...

, to pass along information to the

trustee Trustee (or the holding of a trusteeship) is a legal term which, in its broadest sense, is a synonym for anyone in a position of trust and so can refer to any individual who holds property, authority, or a position of trust or responsibility to ...

s. 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.

References

Wills and trusts Equity (law) Property law Inheritance {{law-stub