When it comes to estate planning, you’ve most likely heard people mention a couple of different types of wills. The most common is a “last will and testament,” which is also known simply as a “will.” But you may have also heard people talk about what’s called a “living will.”
Both terms describe important legal documents used in estate planning, but their purpose and the way in which they work is very different. In fact, using the term "living wills" is actually outdated in many states and not used anymore.
Let's talk about some of the most critical things you should know about what living wills are, and why having updated documents to replace these, is an essential part of every adult’s estate plan and how to get yours created or updated.
1. What Is A Living Will?
A living will, in some states is often called an “advance healthcare directive,” and is a legal document that tells your loved ones and doctors how...
50% Complete
It's time to take a break & enjoy a night out! Join us for the perfect combination of entertainment & education.