Memorandum of Wishes
Memorandum of wishes
A Memorandum of Wishes is a confidential document which accompanies your will. It has three main uses:
- With a Traditional Will, it is normally used to set out detailed instructions about your personal belongings and jewellery, specifying which items should be given to whom.
- With a Family Trust Will, its function is to give your Trustees more detailed instructions about how you want them to take care of your assets for your Beneficiaries. Often, it will tell them that, if you are the first to die, you want them to treat your spouse as the main or sole beneficiary for the rest of his or her life, and that you then want them to treat the next generations equally, in turns, as far as possible.
- With a will drafted in accordance with Muslim traditions, it tells your executors how you want them to share out your assets, if you want them to vary the Muslim rules of succession.
The cost of a Memorandum of Wishes is £100 for a single person and £150 for a couple, but is included with a Family Trust Will, which is in turn included with our Testamentary, Intermediate and Comprehensive Estate Plans.
Family Trust Deed
How to put a ring of steel around your family's assets.Read more...
Family Trust Will
Preserving your Assets for your FamilyRead more...
Memorandum of Wishes
Memorandum of wishesRead more...
Deed of Severance
The way you co-own your home with your other half really matters.Read more...
Advance Directive, or Living Will
Staying in control of your life choicesRead more...
Storing your Will
Keeping your Will and Other Documents Safe and ValidRead more...
Updating your Will
Your Will is only fit for its purpose if it's up to date.Read more...
Lasting Power of Attorney for Health and Welfare
It's your life - make sure it's you who always decidesRead more...
Lasting Power of Attorney for Property and Financial Affairs
Lasting Power of Attorney for Property and Financial Affairs - Planning Forward to Stay in ControlRead more...
Easy access to legal help at controlled cost.Read more...
Traditional Wills are a straightforward, cost-effective way forwardRead more...
Traditional Estate Plan
An efficient way to protect yourself in later life and protect your legacyRead more...
Traditional Plus Estate Plan
Taking Care of your legacy, your lifestyle and your finances with our Traditional Plus Estate PlanRead more...
Family Trust Estate Plan
Protecting your assets in every eventuality.Read more...
Family Trust Plus Estate Plan
A robust way to protect yourself and your family, whatever may happen..Read more...
Family Trust Extra Estate Plan
Every eventuality taken care ofRead more...
Subscribe for Updates & Information
"You are so efficient, which is really impressive - thanks, Gina."
Neil Ridpath, Financial Advisor