Did you know? Facts & Figures

55% of Americans die without a will.
69 % have no living will or medical directive.
27 % of Americans have created powers of attorney for healthcare.
26% have powers of attorney for finances.
21% of Americans have created a trust as part of an estate plan.
21% of Americans without an estate plan say their biggest reason for not having one is a lack of sufficient assets.
15 % say they are not old enough.
25% say their biggest motivation for creating a will was the arrival of or preparation for children.
7% were motivated by a significant long-term relationship, such as a marriage.
8% of Americans have personally experienced problems after the death or incapacitation of a loved one due to a lack of or improperly prepared estate plan, including conflicts over asset distribution.
38% say they review or anticipate reviewing their estate plan documents at least once a year, and 22 % say once every two to three years.
8% of those Americans without an estate plan say they do not have one because they do not want to think about dying or becoming incapacitated.