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Posts Tagged ‘last will and testtament forms’

The Last Word on Living Wills

Tuesday, December 27th, 2011

One of the question we are most frequently asked is that of what is the difference between a living wills and versus that of a last will and testament? First, we must understand that a last will and testament is  very different from a living will. Downloadable living wills are used in preparation in the event of a severe medical tragedy or emergency. If a person needs extreme medical care to the point that they are incapacitated and living only to the presence of life via medical equipment and technology, more often then not that person is unable to make decisions regarding health care issues or other medical treatment.

A person suffers a stroke, or involved in a car accident, and is left in a coma or in a vegetative state, and the preserving life is maintained only through life support; families often have to struggle with the decisions as to whether or not to continue medical treatment or finally decide to pull the plug. Unfortunately there are times that the family’s decisions are different from what the wishes of the patient requests. This is exactly the case when a do it yourself living will forms can come in handy. In living wills-a person specifies and requests what route they want to take should an event arise such as described above. Once again its very clear- last will and testament are very different from living wills.

While living wills deal with issues that happen to a person before legal death; last will and testaments deal with a person’s desires after death. Last will and testament forms are important for everybody; but especially to those with families. If god forbid you and the significant other were both in an untimely death-what would become of your kids? Who would you want to take custody? As unbelievable as it sounds there are situations where custody of the children may not be quite as obvious as you think-and in the case of untimely death you won’t be around to argue the point.

Other items to consider regarding a last will and testament is take make your final wishes and grant who will get what percentage of any money and property left behind. Sadly the need to give everything to your spouse may not quite as beneficial as utilizing trusts and other financial options to offset legal issues regarding estate taxation.

Think of living wills and downloadable last will and testaments as a type of before and after death with the living part clearly referring to the fact you are breathing but incapacitated while a Last Will means there are no option and you have gone to the great beyond. Living versus Last. Two Key Words in 2 Very important documents for you and your family.

What is a will for?

Tuesday, October 7th, 2008

Living wills do not affect your property, but they are an important part of planning for the future. A living will — and a related document known as a durable power of attorney for health care — lets you describe the type and extent of medical treatment that you prefer. These instructions are invoked if you are unable to make those preferences known in the future.

For example, if you were severely injured in a car accident, you might be in a coma with no apparent prospects for recovery. Would you want your doctors to do everything possible to keep you alive? Would you prefer minimal, non-invasive treatment? These are extremely difficult decisions, and they require reflection on your most deeply held philosophical and religious beliefs. The purpose of a living will is to make your intentions known, so that your family and your doctors will be able to lawfully act in accordance with your wishes.

Living wills are generally invoked only in “life or death” situations. Frequently, however, people face related challenges even when their life is not in danger. People who are unconscious, for example, are clearly unable to make their treatment preferences known, but that does not mean that they do not have preferences. For this reason, many people now prepare a durable power of attorney for health care in addition to a living will.

Learn everything you need to know to create your own will by Downloading the Forms and Guide to Creating A Will.

Printable Last Will FormsCreating Your Last Will And Testament

We've taken the necessary steps to make it not only easy to create your last will and testament, but make it affordable, with great pricing that includes our attorney authorized estate planning guides that are printable. Creating your will has never been easier. A last will and testament as part of your complete estate plan (included) helps protects your family and your property from probate.

Avoiding probate will not only help to elevate a heavy burden on your family as it can take months to complete, but can also help save them thousands of dollars in taxes.

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