How to Create a Living Will
If you are involved in a serious accident or suffer a catastrophic medical crisis where you cannot convey your treatment wishes, doctors will perform life sustaining procedures – even those you may not want. If you have a Living Will, however, your choices would be known to healthcare providers who would follow your directives. A […]
What is a Psychiatric Advance Directive?
Most people know about Living Wills or Health Care Proxies and that they deal with conveying one’s decisions for physical medical treatments. Did you know there is a legal document for a person to express their wishes when it comes to treating mental illness? A Psychiatric Advance Directive – or PAD – allows an individual […]
Living Will vs. Living Trust
Most everyone knows about Wills and Trusts – two distinct estate planning documents. When it comes to a Living Will and a Living Trust, however, their functions may be blurred. These also serve particular roles: A Living Will lets you express your health care preferences while a Living Trust allows you to hold assets for […]
Last Will & Testament vs. Living Will: What’s the Difference?
Since they share similar names, there is often confusion about the difference between a Will and a Living Will. They are both important estate planning documents but they serve two quite different purposes. A Will becomes effective when you die while a Living Will serves – as its name implies – while you are living. […]