Most people are aware of the fact that they should have a last Will or some other vehicle of asset transfer in place for the well-being of their loved ones. However, there is another type of Will that everyone should have as well: a living Will.
This type of Will has nothing to do with financial matters. With a living Will you state your preferences regarding whether or not you would want to be kept alive via the use of artificial life support systems if you were in a terminal condition that was deemed irreversible by physicians.
You make financial provisions for your family because you want to make things easier for them after you pass away. In the same manner, when you execute a living will you are taking an impossible decision out of the hands of your family members by stating your own preferences.
Consider how you would feel if you had to make such a decision without knowing what the individual involved would actually want to do if he or she could communicate. This is a truly excruciating position and if you want to do right by your family you really should not ask them to make this kind of choice for you.
A living Will is a must for everyone who is serious about being prepared for the eventualities of aging and the inevitability of death. To put this important document in place take action right now to arrange for a consultation with a good Central New Jersey estate planning lawyer.