What Is a Living Will

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ANNAPOLIS • MILLERSVILLE • BOWIE WALDORF WHAT IS A LIVING WILL?

Transcript of What Is a Living Will

Page 1: What Is a Living Will

ANNAPOLIS • MILLERSVILLE • BOWIE • WALDORF

WHAT IS A LIVING WILL?

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360 Degree Planning

Estate planning is often looked upon as a monetary matter.

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Without question, you do have to facilitate effective asset transfers.

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At the same time, you would do well

to adopt a 360 degree

perspective.

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END-OF-LIFE MATTERS

When you are putting your estate plan together, you should also consider end-of-

life matters.

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Toward the end of your life, you may not be able to communicate

your decisions.

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ADVANCE DIRECTIVES FOR HEALTH CARE

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To prepare for latter life incapacity,

you could execute advance directives for health care.

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One advance directive that everyone should have is a living

will.

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UTILIZATION OF LIFE SUSTAINING MEASURES

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A living will is a document that you use to state your preferences

regarding the use of life-sustaining measures.

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This is a very personal decision, and you should certainly make your

wishes known when you are planning your estate.

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CONSEQUENCES OF INACTION

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If you do not execute a living will, and you become unable to communicate while in a

terminal condition, your family members could be placed in a very difficult position.

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Plus, in the end, your own true wishes may not be carried out.

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HEALTH CARE DECISION MAKER

There is another advance directive for health care that should be executed called a durable power

of attorney or health care proxy.

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With this document, you empower someone of your choosing to make medical decisions on your behalf in the event of your incapacitation.

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SCHEDULE A NO OBLIGATION INCAPACITY

PLANNING CONSULTATION

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Action is required if you are not prepared from an estate planning

perspective.

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Everyone should have an incapacity component embedded within a

broader estate plan.

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If you are ready to get started, contact us to set up a consultation.

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Or visit our website www.sinclairprosserlaw.com

Nicole Livingston

Jon J. Gasior

Colleen SinclairProsser

Victor A. Lembo