There exists significant confusion regarding the distinction between a living will and a traditional will due to their similar names. However, they are entirely different. A living will primarily pertains to Life Care planning, addressing decisions about medical care in the event of an irreversible terminal condition where death is inevitable regardless of treatment. It empowers individuals to stipulate whether they wish to prolong their life artificially and specify preferences regarding invasive administration of food and water.
On the other hand, a will, often referred to as a last will and testament, is a legal instrument focused on estate planning. It delineates instructions for the distribution of assets to designated heirs upon the individual’s demise. Additionally, it designates an executor or executrix who is responsible for managing the estate and ensuring the assets are distributed according to the provisions outlined in the will.
Contact Losavio & DeJean, LLC To Get Started On Your Will
If you are considering creating a Will or want more information about the process or how a Will can benefit you and your situation, contact Losavio & DeJean, LLC today and find out how our firm and experienced estate planning attorneys can help you.