Living Wills 101
To ensure that you are able to see your final wishes come true, it is important that you consider living wills. This legally binding document ensures that you are in control of your final needs. A living will, commonly referred to as a health care directive or advance directive, allows you to feel confident that you are in control of whether or not you will be receiving prolonging medical treatments should you become ill. A living will is different from a living trust, which allows you to distribute your assets while avoiding probate.
Each state has unique requirements for creating a living will, but you can have your lawyer prepare one for you or you can make one online. In your living will, you will clearly outline exactly which life prolonging treatments you would like to have in the event of your illness and which you do not want. Your living will only become effective when you are incapacitated and cannot make decisions for yourself.
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