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Estate Planning And A Living Will

Many people are adding a living will to their estate planning to ensure that correct choices will be made in the event they are incapacitated. This is a difficult situation to consider, but it is necessary since a living will is the only way that you can let your loved ones know what you want in certain medical and health situations.

You can make sure that people follow your living will by working with a lawyer to draft a strong power of attorney, or healthcare proxy. A healthcare proxy designates who will be making decisions on your behalf when you are unable to make them for yourself.

After you have determined a primary person to act on your behalf, make sure to appoint one or two alternate choices in case your primary choice is unable to speak for you. Discuss your wishes with all your proxies since what is appropriate for one person might not be appropriate for you. Do not make the mistake of overlooking a living will in your estate planning. Your assets are not your only concern.

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