The Importance of a Living Will in Your Estate Planning
When discussing estate planning and medical care preferences, you might hear the term 'living will' thrown around. But what does it mean, and why is it crucial to understand and potentially incorporate into your planning strategy? A living will, or directive to physicians, is a legal document that specifies the medical treatment you would like to receive should you become incapacitated and unable to communicate your wishes. Essentially, it’s a guide for your healthcare in the event you can’t articulate them yourself due to illness or injury.