Document background
The Beneficiary Letter of Instruction is a critical document used in Canadian estate planning and wealth management contexts when a beneficiary needs to provide detailed guidance about their preferences and requirements for inherited assets. This document becomes particularly relevant when receiving complex inheritances, trust distributions, or when specific conditions need to be met for asset management. While not a legally binding document like a will, it serves as an important communication tool between beneficiaries and executors or trustees, helping ensure that assets are managed according to the beneficiary's wishes while complying with Canadian federal and provincial regulations. The letter typically includes information about asset distribution preferences, investment guidelines, tax considerations, and any special conditions or requests the beneficiary wishes to communicate to the executor or trustee.
