Of all the financial documents to have, one of the most important is a living will. Here is a brief explanation of what a living will is and how you can get one.
WHAT IS A LIVING WILL?
A living will details your wishes in the event you become incapacitated and what medical steps you would like taken. This can include what medications, procedures, and end of life wishes.
DO I NEED ONE?
If there is anyone in your life who depends on you, having this type of documentation in place is always a good idea. It will allow your medical power of attorney to make decisions easier and with confidence knowing that they are following your wishes.
HOW DO I GET ONE?
Creating a Living Will can be as simple as printing off a form and having it notarized. Since it’s a fairly common form, you can also reach out to an attorney or hospital about obtaining this form. Ensure it’s an updated document so it complies with state laws.
DO I STILL NEED A LAST WILL & TESTAMENT?
The simple and short answer is yes. These documents work in tandem to ensure that all of your wishes are followed through, no matter your mental capacity.
