Friday, November 12, 2010

Estate Planning - What You Need to Know about Living Wills

A living will is often included as part of an estate planning package. The living will specifies whether you wish to be kept alive under certain circumstances, such as when you are in a terminal condition with no hope of recovery. You can specify whether you want food and water withheld, whether you want to be kept alive by mechanical means such as artifical  respiration. A living will does not dispose of your property and you still need a will or trust to accomplish that. I recommend a living will as part of all estate planning packages because without one, you may be kept alive against your will for long periods of time while family members battle it out in court over your condition and what should be done.  You can save yourself and your family a great deal of heartache and pain by simply completing a living will.

Source: Scott and Fenderson Law Blog

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