Living Will vs Last Will & Testament
A living will is not the same thing as a last will & testament. Living wills refer to medical decisions while last will & testaments refer to the inheritors of your property. As you consider your estate planning, know that your health and assets should both be...
Who should get a will?
Everyone should have a living will, no matter what their age. As you consider your estate planning, don’t neglect the medical portion of it. Most people are concerned with who will inherit their property when they pass, but don’t pay enough attention to their medical...
What is a Living Will?
A living will, a.k.a an advance directive or healthcare directive, is a legally-binding document that indicates which medical treatments and end of life care you prefer in the event you become incapacitated. This is especially important if you don’t have a durable...
Can a Power of Attorney be overridden?
In some cases, a power of attorney can be revoked or overridden. This can be done to protect the person in situations where they’re being abused, neglected, or taken advantage of by their appointed agent. Court-appointed guardian A court-appointed guardian can request...
What’s the difference between a living will and power of attorney?
The primary difference between power of attorneys and living wills is that a POA is designated to make decisions on your behalf. A living will on the other hand is simply a document that lists your medical preferences in certain scenarios. It can be referenced when...
Why should I have a power of attorney?
When Terri Schiavo fell into a coma in 1990, she didn’t have a will or a designated durable power of attorney, this would start an agonizing 15-year-old court process between Terri’s husband and Terri’s family about whether to let her live (on life support) or die...
What is a Power of Attorney?
There are three types of Power of Attorneys (POA) that you need to consider: Financial Power of Attorney, Medical Power of Attorney, and Durable Power of Attorney. Financial Power of Attorney A financial power of attorney lets you appoint a person to manage your...
Can a Medical Directive be overridden?
As long as you are sound of mind, you can change your medical directive at any time. You can even cancel it entirely if you wish. Be sure to alert your family, health care providers, power of attorney, and anyone else you choose that you’ve made changes. Can medical...
Can a Medical Power of Attorney be overridden?
The principal, or the person that the medical POA is assigned to, can terminate the arrangement at any time. Of course, if the principal is no longer sound of mind this will be taken into consideration by the court. People who can override the POA Other people can...
Medical Directive vs Medical Power of Attorney: What’s the difference?
Medical directives are often mistaken for medical power of attorneys, but there is a difference. For example, if you were in a car accident, the directive would help the doctors determine if you should be kept on life support. In the same scenario, if you had an...