One just needs to be aware that donations are subject to donorâs tax. Read this to find out how much donorâs tax you need to pay when donating a property as part of estate planning. Real property, just like any other material possession, may not be brought to the afterlife. You need to transfer property sooner or later.
On December 17, 1903, the Wright brothers made the first successful experiment in which a machine (aka airplane) carrying a man rose by its own power, flew naturally and at even speed, and descended without damage.
Thanks to a coin toss, Orville was the first brother airborne. The brothers tossed a coin to see who would first test the Wright Flyer on the sands of Kill Devil Hills, North Carolina. Older brother Wilbur won the toss, but his first attempt on December 14, 1903, was unsuccessful and caused minor damage to the aircraft. Three days later, Orville, in coat and tie, lay flat on his stomach on the planeâs lower wing and took the controls.