Importance Of Making A living Will or Advanced Medical Directive
64Preparing Your Living Will
Do you HAVE an UP TO DATE Last Will and Testament that was drawn up by a lawyer in your CURRENT state of residence? (And a Living Will and a Durable Healthcare Power of Attorney?
See results without votingWhat is a Living Will?
It has different names in different states. In some, it is called an Advanced Medical Directive Health Care Directive ,Physician's Directive or other similar names like Lest Will Testament . In short, it is a document that allows you to indicate in writing what care you wish to receive if you have or develop a terminal condition, or if you fall into a persistent vegetative state and cannot make decisions.
Every state allows such a document. It is a simple document to prepare and execute, But it can be vitally important to you and your family.
Every year thousands of families quietly face life altering decisions. A family member becomes critically ill (perhaps even placed on life support) and unable to make his or her own medical decisions, then someone must make those decisions. Who should decide? What should they do?
Were you aware that if you pass away without a Will, the State could ALSO decide who inherits your home and other assets?
See results without votingWere you aware that if you pass away without a Will, the STATE could decide who will raise your children?
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The Terri Schiavo Story and Importance Of Making A living Will
One of the most high profile stories about a family facing these decisions was Terri Schiavo and her family. You may recall, Schiavo was diagnosed with a terminal and irreversible condition, relying on life support machines to keep her alive. Her family could not agree on how to handle her condition, and ultimately the case was taken to court. This was a tragic situation for Terri and her family.
Going to court could have been avoided had Terri prepared a living will.
It is possible to spare your loved ones the agony. You can tell your family what your wishes are in advance with a simple legal document. It’s not something any of us like to think about, but should you become critically ill, this document allows you to make your own decisions about care rather than placing that burden on a loved one.
Were you aware that Average Cost of the will Is $ 500 - $ 1000
See results without votingHow To Prepare Your Will For $ 26 .00 With Pre Paid Legal Services
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Preparing or making Your Living Will or a love Letter
If you do not have a will, your properties can be given to anyone. It is customary for your assets the to be given to your spouse and children. However, others can make a legal claim as well. In fact, there have been cases of people doing so and winning such cases.
Therefore, making a will is a safe way to ensure that your hard-earned money is given to your immediate family members like your spouse and children. They do not have to worry about going to court for settling the issue. By making a will, you can rest assured that the right persons get your assets after your demise.
Moreover, you can also divide your properties as per your desire in your will. Instead of leaving all your assets to your family, you may want to leave some amount of money to charity or other people.
You can write a simple will to indicate the percentage of your money and asset division. It is not necessary to spend much time, energy and money to make a will. A simple will that is written while you are in a proper frame of mind is considered valid according to the law.
You can choose a family member or anyone else whom you trust to execute the will accordingly after your demise. Some people appoint lawyers as administrators. It does not matter. Just make sure that you made a will so that all your assets are
It is recommended to Prepare an will with a attorney because of the certain laws, witch can cost you anywhere from $ 250.00 to 1$ 1.000 depends on the time he or she spend Preparing it and the assets you have .
One of the best ways to do your will and minimizing the cost witch is a main reason why 95 % people in United States don't have one.
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Were you aware that IF YOU WERE EVER DIVORCED and you pass away without an UPDATED Will, your FORMER spouse could end up with a bundle EVEN if you got married later to someone else?
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MrTrustStore 14 months ago
Interesting poll questions and answers. Great Hub and Nice work!