Will you or Will you not?
... and the survey says...
In April we asked our readers to take a brief survey about their Wills and Powers of Attorney documents. Here is a summary of the results.
Do you have a Will?
90 % said YES
Do you need to update your Will?
50 % said YES
Where do you keep your copy of your Will?
- 1st copy in safety deposit box, 2nd copy with executor, 3rd copy at home
- at home or business- some in a firesafe/drawer/filing cabinet
Where is the original copy of the Will located?
- lawyer's office
- under the bed
- safety deposit box
Have you discussed your estate plans with:
- 70%- Executor/Estate Trustees
- 35%- Guardian for minor children
- 40%- Beneficiaries
- 55%- MFC Consultant
Of those who used MFC Estate Planning services,
- 85 % found it helpful
- 15 % found it somewhat helpful
- no respondants found it unhelpful.