Fun Facts About Estate Planning - Infographic

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Estate planning is a process that continues throughout your adult lifetime, through which you evaluate your current situation and plan for the future. Estate planning is often part of the larger process of lifetime financial planning. Estate planning is much more than identifying where your belongings should go after your death. Estate planning is the big picture of your life. It’s a lifetime plan that includes your retirement, the possibility of disability and health care needs, and eventually, your death. During the estate planning process, you look at a range of legal, financial, emotional, and logistical issues.

Read more: http://blog.passare.com/2013/11/14/fun-facts-about-estate-planning-infographic/ | Passare.com Blog

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Fun Facts About Estate Planning - Infographic

  1. 1. F UN FACTS AB O U T ESTATE PLANNING LIVING WILLS, WHICH ALLOW PEOPLE TO CONTROL THEIR END-OF-LIFE TREATMENT, ARE A RECENT ESTATE PLANNING MECHANISM. CALIFORNIA BECAME THE FIRST STATE TO ALLOW LIVING WILLS IN SEPTEMBER 1976. x THE “WILL OF UAH” IS THE OLDEST KNOWN WILL IN EXISTENCE, AND IT WAS FOUND IN A TOMB IN EGYPT. IT DATES BACK TO 2548 BC, AND LEAVES ALL PROPERTY TO HIS WIFE,TETA. er Atton of Power y HISTORIANS FOUND A POWER OF ATTORNEY FROM 561 BC MESOPOTAMIA THE SHORTEST KNOWN WILLS THREE READING , WORDS LONG, 1 2 ARE ONLY “ALL TO SON” AND “ALL TO WIFE.” THE LONGEST WILL EVER PROBATED WAS 1,066 PAGES AND 95,940 WORDS. AN ENGLISH WOMAN, FREDERICA EVELYN STILWELL COOK , HOLDS THIS RECORD. A RECENT STUDY INDICATES THAT APPROXIMATELY 11% OF BRITONS HAVE THEIR INTERNET PASSWORDS IN THEIR LAST WILL AND TESTAMENT. FAMOUS AMERICANS WHO HAVE DIED WITHOUT A WILL INCLUDE: SONNY BONO, KURT COBAIN, JOHN DENVER, CHRIS FARLEY , HOWARD HUGHES, AND MARTIN LUTHER KING JR. Chris Farley IN 1829, Sonny Bono JAMES SMITHSON CREATED THE SMITHSONIAN INSTITUTION THROUGH A BEQUEST IN HIS LAST WILL AND TESTAMENT. TM Sources Twitter @Passareinc http://wall-arm.ca/2012/05/fun-facts http://www.grandrapids.org/estate-planning-facts--fiction Facebook facebook.com/passareinc http://blogs.lawyers.com/2012/11/trivia-time-little-known-facts-about-estate-planning/ http://lawprofessors.typepad.com/trusts_estates_prof/2012/05/ten-fun-facts-about-estate-planning.html Tumblr passareinc.tumblr.com

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