According to a 2007 survey of adult residents of the U.S. found that 55% don't have a will. Fifty-two percent of Anglos have wills, compared to only 32% of blacks and 26% of Hispanics. Forty-one percent of people have living wills, up from 31% in 2004, and 38% have designated someone as a health care attorney-in-fact, up from 27% in 2004. Ten percent of the people surveyed say they don't have a will because it's too depressing to think about. Another 9% say they don't know who to talk to, and 24% say they don't have enough assets to warrant estate planning.
Source: www.lawyers.com.
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