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What Is A Living Will?
In
the aftermath of the tragic case involving Terri Schiavo,
interest in living wills has increased markedly. A living
will expresses your wishes about being kept alive if you're
terminally ill or seriously injured.
Other famous Americans have used living wills to retain
control over their final medical care through use of a
living will and a health care power of attorney. During the
final weeks of his life, former President Richard Nixon
refused "heroic measures" and received only palliative
(comfort-easing) care at his home. Similarly, former First
Lady Jacqueline Kennedy Onassis refused life-prolonging
medical intervention before her passing.
Perhaps you've reflected on your own wishes if you were
to face a similar situation. Although no one likes to
imagine the possibility of being in such a helpless state,
the statistical possibility of such an event remains
significant. This is why it's wise to ensure that your
wishes will be respected if you become incapacitated.
Just as a will becomes the governing entity for your
estate after you die, a living will can make your wishes
clear and legally binding in the event of a devastating
illness or injury. A living will is often referred to as a
health care power of attorney. In it you state how you
should be treated in the event of a terminal disease, severe
illness, or tragic accident. By giving such directions when
you are healthy, your relatives won't have to make difficult
decisions on your behalf, and you'll receive the type of
care you desire.
Issues you might want to consider addressing include:
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Organ donation
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Religious and faith issues
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Hospital, nursing home, and hospice arrangements
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Funeral arrangements
To carry out your living will, you'll need a health care
directive, a written statement that expresses how you wish
to be treated in advance of any incapacity. Make sure you
give precise, comprehensive directions.
You'll also need a health care proxy, designating a
representative to make your health care decisions based on
the guidelines you provide in the directive if you are
incapacitated or unable to communicate your desires.
Material discussed is
meant for general illustration and/or informational purposes
only and it is not to be construed as tax, legal, or
investment advice. Although the information has been
gathered from sources believed to be reliable, please note
that individual situations can vary therefore, the
information should be relied upon when coordinated with
individual professional advice.
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