Many people confuse Living Wills with Last Wills and Testaments. They sound similar, but serve very different purposes.
A Living Will, also known as a Directive to Physicians, is a document that allows you to instruct your physicians to administer, withdraw or withhold artificial, life-sustaining treatment in the event you are diagnosed with a terminal or irreversible condition and are unable to make your own health care decisions.
A Last Will and Testament, on the other hand, is legal document that allows you to direct how your property will be distributed when you die. A Will gives you the opportunity to name a person you trust to oversee the management and distribution of your assets, appoint a guardian to care for any minor children, and can create trusts for the benefit or your spouse or children.
Related posts:
- How Does Divorce Affect a Previously Signed
Last Will and Testament? - What is the Difference Between Per Capita, Per Stirpes, and Per Capita with Representation Distributions?
Do you have any questions about how estate planning can help you protect your family? Email me or Register here to request a consultation. For questions about my fees, click here.
Return to Texas Wills and Trust Online home page →
