Creating wills and trusts are things that everyone comes to think of as they get older. Everyone wants to make sure that the wealth they acquire during their lifetime creates a legacy for future generations. In addition to planning wealth, wills can also serve other purposes, including stating your wishes of what medical treatment you would like to receive in the event of you becoming incapacitated.
If you have a health condition or if you simply want to have a say on what medical treatment you would like to receive if you become very ill, a living will may offer a way for you to do this. A living will is simply a written document that outlines the type of treatment you would like to receive in a medical emergency. This might specify whether you would like to have resuscitation, and what specific types of treatment you do not want to receive. However, when writing a living will, you may realize that it is near impossible to account for every possibility. This is why some people opt to appoint a durable power of attorney in addition.
A durable power of attorney is a person that you legally appoint and who you trust to make medical decisions on your behalf in the event you become incapacitated. This person can be used as a supplement to your living will, meaning that he or she only needs to make decisions for circumstances that you have not accounted for.
If you are considering creating a living will or appointing a durable power of attorney, it is important to conduct thorough research before taking action.
Source: FindLaw, “The Definition of Power of Attorney, Living Will and Advance Directives,” accessed June 01, 2018