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

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
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