What is a letter of intent?

A letter of intent is an informal document you leave for your executor, trustee, or family that explains your wishes and shares helpful details. It might cover funeral preferences, care instructions for a dependent, or the reasoning behind certain decisions. It isn't legally binding like a will, but it provides guidance and context that formal documents often leave out. It's especially valuable alongside a special needs trust, where the caregiver needs day-to-day details.