October 16 through October 22, 2011: Estate Planning Awareness WeekDate: October 16, 2011 - October 22, 2011
Time: All Day Event
WHEREAS, it is estimated that 120 million citizens throughout the United States do not have updated estate plans for preserving their lifetime assets in the event of illness, accidents or untimely death; and,
WHEREAS, estate planning is the process of anticipating and arranging for the disposition and management of an estate, and involves many considerations including documentation of assets, charitable giving and preparation of various legal records including wills, trusts and durable powers of attorney for health care; and,
WHEREAS, a lack of financial and estate planning may cause assets to be taxed at maximum rates or, by default through the complex process of probate, to be distributed to unintended parties; and,
WHEREAS, during this week, we join with estate planning professionals in Michigan and throughout the United States to raise awareness of the important role estate planning plays in individual and family preparedness; we encourage citizens to learn more about estate planning and the resources available for estate planning assistance;
NOW, THEREFORE, I, Rick Snyder, Governor of Michigan, do hereby proclaim Sunday, October 16 through Saturday, October 22, 2011 as Estate Planning Awareness Week in Michigan.