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Difference between a Living Will, a Will, and a Living Trust
In case you are somehow confused about a living will, a will, and a living trust, you should understand that these three concepts are separate and are different from each other. It is time you realize that a living will is not a will, nor is it a living trust. You do not need to be a licensed lawyer to be able to tell the difference and the basic coverage of each. This article would definitely help you make the discernment.
What is the Purpose of a Living Will?
A living will is a document prepared by patient with a terminal illness to make known his preferences regarding the type of medical care or treatment he would want to receive. Essentially, this document (also called an advance directive or a health care directive) enables the patient to decide for himself how he wants his life to be prolonged through medical treatments and life support systems.
Knowing The Pros And Cons Of Living Wills
A living will, in essence, outlines the type of medical care you wish to include or exclude in the event that you become too ill to actually make an autonomous and informed decision. The directives may consist of your desire not to be given cardiopulmonary resuscitation in case of a cardiac or respiratory arrest.