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Home >> Personal Property Letters: 3 Common Questions

Personal Property Letters: 3 Common Questions

April 11, 2012 by Robert Kulas. Leave a Comment

Question 1: What is the personal property letter?

A personal property letter, also called a personal property distribution letter, is a document you create that accompanies your last Will and testament. The document itself sets out who you want to receive your personal property, a category that includes such items as family heirlooms, books, photographs and other assets not specifically accounted for in your Will.

Question 2: Why should I use a personal property letter?

Because personal property is so easily transferred, lost, and acquired, it can be difficult to change your choices if you state them explicitly in your last will and testament. Your Will has to comply with specific state laws, and changing it requires strict adherence to these laws. With the personal property letter, all you have to do is change the letter without meeting the same requirements you would if you were changing the Will itself.

Question 3: How can I create a personal property letter?

You usually cannot simply decide to create a personal property letter if you already have a last Will and testament. Your Will must specifically allow you to create such a document. The Will should also have a clause that states what happens to your property in the event you never create a letter or in the event the letter is lost. If you’ve already created a Will, you need to speak to your estate planning lawyer about creating a new one that includes a provision for personal property letter.

Filed Under: General, Wills and Trusts Tagged With: wills, wills and trusts

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"Everyone treated us extremely well.  Robert explained how a trust works and the benefits of having one.  We decided to move forward and complete the process.  He was very kind and knowledgeable.  Julie was also very helpful and very patient with our questions.  We felt very comfortable with this firm handling our affairs.  We would highly recommend this firm to our friends and family."

Janice M
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August 25, 2020
    

Robert Kulas and staff made making a will an easy to understand process. They were very knowledgeable and attentive to my wishes. All my documents were provided in an organized binder which will be a great asset to my family. I would definitely recommend them.

Krissy L.
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I have worked with Mr. Kulas & staff before. And they are very professional. I am very satisfied with Mr. Kulas and his staff and give them the highest satisfaction and 5 star rating.

Leo C.
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Mr. Kulas and his staff have been extremely helpful & knowledgeable for the over 3 years we have been associated. They are easy to talk to and explain everything without feeling rushed. Very competent and professional.

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I have known Robert Kulas for 20 years since I was co-executor for friends who had Mr. Kulas prepare a Trust for them. When I felt I needed a trust also, I came to him. I have always been completed satisfied with his work and that of his charming, competent staff.

Joan C.
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August 25, 2020
    

We began our estate plan process in 2004 (12 years ago) and have been pleased with the periodic reviews we have gone through and when changes have been needed the firm has been thorough and professional in making those changes.

L.G.K.
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