In the field of estate planning there are many different legal devices that have similar sounding names, and it can be confusing for the layperson to sort it all out. There are living wills, living trusts, and last wills. In this post, we will clear up any misconceptions that may exist and address the definition and purpose of a living will in California. Because a last will is used to state your wishes with regard to the transfer of your financial assets, you may assume that a living will does … [Read more...] about What Is a Living Will in California and Why Do I Need One?
As disheartening as it may be, statistics consistently indicate that a majority of Americans are not prepared from an estate planning perspective. Given this reality, recent statistics regarding the percentage of people that have a living will in place unfortunately come as no surprise to estate planners. A popular legal website conducted the survey, and it found that just over 60% of the respondents did not have a living will in place. Unlike a last will, a living will is not used to state … [Read more...] about Living Will Statistics Come As No Surprise
Estate planning is largely thought of as the process of leaving instructions regarding what will be taking place after you pass away. Without question, this is a large part of the endeavor, but it is useful to consider the period of time that may precede your passing as well. With the above in mind, the execution of advance health care directives is highly recommended. One of these directives is called a living Will. This type of will has nothing to do with arranging for the transfer of … [Read more...] about Medical Matters: Make Your Preferences Known
You can sometimes take a painful situation and extract something good from it, and this is something to consider when doing estate planning. In addition to making preparations for the transfer of assets to your loved ones after you pass away, you should also consider advance health care directives such as a living will. A living will can be executed with the assistance of a San Jose estate planning lawyer. A living will is used to state your choices regarding medical procedures that you would … [Read more...] about Making A Difference Through Organ, Tissue Donation
When you are making preparations for the future there are things to consider outside of the purely financial realm, and one of them involves health care choices. There may come a time when you are unable to make medical decisions on your own due to incapacitation. If you do not state your wishes in a legally binding manner beforehand, these decisions would fall into the hands of your next of kin. In addition to the fact that it is very difficult to make sensitive decisions on behalf of another … [Read more...] about Including Advance Health Care Directives