Living Will Article Category

 

Living Will Articles

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Why Do You Need a Will? Are you going to provide for your family as you would wish? Do you want everything to be decided by the rules of intestacy? Is your husband or wife going to have to sell the family home if you die? This can be avoided simply by writing a Will.
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The purpose of a Living Will declaration is to document your wish that life-sustaining treatment, including artificially or technologically supplied nutrition and hydration, be withheld or withdrawn if you are unable to make informed medical decisions and are in a terminal condition or in a permanently unconscious state.
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Many people wonder if they really need a will. They may think that they don't have enough assets to bother with a will. Some people erroneously believe that a will causes your heirs to have to go through probate, leading to unnecessary expenses. However, a will is a good idea for just about everyone. Read on for some of the reasons to have a will.
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A living will is not about who inherits your stocks and bonds when you die and it doesn't designate who gets the family home or your mother's jewelry. What a living will does is establish your wishes about what happens to you should you become terminally ill or permanently incapacitated. A living will is a binding set of advanced medical directives that dictates whether you will be kept alive via life support devices, or whether and when to pull the plug on those devices.
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Recently my Father died. He was a successful businessman, all his life he had been meticulous in keeping his paperwork up to date, the one thing he kept putting off was the writing of his will. Despite constant nagging from his accountant and his solicitor he did not write one.
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A living will is a document you draft that stipulates what kind of treatment you want or don't want in the event of an unrecoverable illness or injury that leaves you unable to speak for yourself. It gives you the power to refuse extraordinary measures that would keep your body alive when there is no hope of recovery, and when you would choose, if able, to die a natural death.
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The core issues revolving around how you can control your financial, legal and health affairs in the event that you become incapacitated require you to consider drafting some important legal documents with the guidance of a lawyer specialized in family or elder law matters.
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Have you ever wondered what to do with your pet if you suddenly passed away? Who is going to take care of it? What if it gets sick and needs medical attention? Who is going to pay the medical bills? Who is going to pay for routine shots? These are many questions you may ask yourself in thinking about this confusing topic.
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Benjamin Franklin famously said, "In this world, nothing is certain but death and taxes." Unfortunately, you can't avoid death. But a carefully-drafted estate plan can help avoid taxes, family conflicts and a lot of unnecessary heartache. The following provides a general overview of the estate planning process, and what to expect.
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Do you need a will? You might be surprised! The answer's "yes", by the way. Been there, done it, have the T-shirt. Let's both learn from my father's mistake. The year was 1981, the state was Florida, and I had just flown back from Germany for my father's funeral...
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