An advance directive offers you the ability to decide right now what medical treatment you authorize, or explicitly decline, should you face a serious medical condition or be incapacitated at some point in the future. You also have the ability to appoint a proxy, or agent, who can make healthcare decisions for you should you be unable to make them yourself. In the absence of advance directives, it becomes unclear who will make decisions for you and what those decisions will be. All too often, well-meaning family members end up in a court battle over who will be granted the right to make decisions for an incapacitated individual. Not only will this waste time and money but may cause a rift in the family that will never entirely heal.
Topics covered in this report include:
- Why Execute an Advance Directive?
- Types of Advance Directives
- Are There Limits to the Authority Granted in an Advance Directive?
- After Your Forms Are Executed
Latest posts by Saul Kobrick (see all)
- 529 Plans: Planning for Education with a Tax and Asset Protection Bonus - September 10, 2019
- The Importance of Communicating Your Plans - September 5, 2019
- Planning for the Unexpected - September 3, 2019