Do you have lingering anxiety over how your trust will be carried out? Do you wish you could provide your trustee with a little more guidance on the details of distributions? Maybe you're among the many who, in a rush beat the dramatic cut in the gift- and estate-tax exemption in 2013, set up a cookie-cutter trust that could be executed quickly but didn't fully reflect your specific wishes. Well, it's not too late to make your intentions known. A letter of wishes is a way to guide your trustee's decisions with a bit more detail on just what you had in mind yourself.
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