In times of uncertainty, you may hear from others that you need certain estate planning documents. Sixty percent of Americans have not executed a living will – a binding legal document that gives guidance to your doctors about your medical care wishes at the end of your life.
The living will is an essential part of end-of-life planning as it serves as your voice when you are unable to use yours.
1. Gives you control over medical treatments
The most advantageous part of a living will is the fact that it protects you when you no longer can communicate your desires. Not only can living wills include details such as your wishes for specific medical procedures or treatments and choices regarding organ donation, you can also lay out your personal goals and values. This means you can plan how you want treated emotionally, spiritually and religiously.
2. Prevents major family conflict and arguments
A living will makes it easier for your loved ones in the event of a medical emergency. Stating your wishes ahead of time can help your family cope. Your relatives will not have to feel badly about making a wrong decision by guessing what you might want. They might even quarrel if different people disagree on what medical choices to make for you. A living will takes out any questions as to what should happen with your care.
3. Helps you prepare for the unexpected
Thinking that you do not need to plan for your care until your later stages in life is a mistake. End-of-life situations can happen to anyone at any time. Having a living will in advance ensures that you have a plan in place for any medical situation in your future.
Overall, a living will is an essential estate planning component you should not wait to draft. Now is the time to do it – call me for a free fifteen minute consultation.