What About Your Living Will ?

Posted by Racerboy in Financial Planning

     

Many many people have no understanding of the works of a living will. When in fact all a living will does is give someone the power to remove any resperator or other life extending apparatus from the person who has signed the living will.

The life saving device will be removed at a time when the person who made the living will, is determined to be past any chance of any kind of recovery from the illness. At this time the apparatus or respirator is removed and the person expires.

What doing this in effect does for the persons family, it stops the medical bills. There are known cases where the person did not have a living will, and remained in a vegetative state, and what was left of the persons estate went to the hospital and doctors, as far as it would go towards paying the bills, Then and only then, the remaining funds would go to the family.

Not a nice situation, but one that has to dealt with everyday here in the United States. Because of the presence of numerous advances in the field of medicine and health care, doctors are now capable of sustaining life even if it means being in a permanently vegetative condition. This is one of the reasons why living wills have become such a necessity.

Most people actually do not like the idea of remaining in an almost lifeless state for an indefinite period of time. More often than not, the notion of extending life even when death is just round the corner seems excruciating for both the family and the patient. It is just another way of prolonging the suffering.

A living will enables you to decide whether any life-sustaining measures and medical treatment should be continued or stopped. The directive can also include the refusal to take any artificial feeding.

Aside from that, you can also express other certain wishes before you become incapacitated to make decisions for your health care. When you do the living will put your desires therein.

If you feel the need you should do a power of attorney at the same time. If you happen to own a considerable amount of property, then you should also do a living trust at the same time.

Therefore you can direct who shall and shall not receive parts of you property. You really should have the services of your attorney to help you with the living trust due to the different laws in each state.

It is your life, you can do as you feel you need to do with all three, the living will, the power of attorney and the living trust. All three have their place for use at any given time.

You just need to be prepared with whatever might come or fall on your behalf. So just prepare yourself for the unexpected. There are times when it comes around and nothing we can do when we are not prepared, it is just too late.

Resources: Jim woodall is doing internet mktg. Visit his website Living Wills at: http://jwoodl.com/living-wills lots video and news feeds there on living wills, at: http://freegiveaways/jwoodl.com/index.html go here for your 3 free eBooks no Obligation

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