Wills and Living Wills

The drafting of a simple will is a relatively easy process, and for that reason, it is neither costly, nor time consuming to have one prepared. And yet, the dignity and peace of mind it conveys are priceless.

If for any reason you become unable to make medical or financial decisions for yourself, a living will (or Directive to Physicians) can provide guidance to caregivers to make certain your wishes are carried out. In addition to communicating with loved ones what your wishes would be under these circumstances, a Directive to Physicians and Family or Surrogates memorializes your wishes. This document can help prevent confusion and be of great comfort to those who may be called upon to help make such a difficult decision. Below are helpful descriptions of common estate planning documents.

• Will

  A Will is a written, legal document that provides details and instructions for the disposition of a decedent's (dead person's) property. This can be used to explain how property is to be allocated and who would be responsible for carrying out your wishes.

• Trust

  A Trust is a type of legal entity which is used to hold legal title to property (usually the decedent's) for the benefit of one or more persons. This is commonly used in conjunction with a will, so that real or personal property is properly distributed after your passing.

• Living Will

  Also called a Directive to Physicians, this document will direct your medical care in the event you become incapacitated or are unable to communicate your wishes to your health care providers.

• Durable Power of Attorney

  This document designates specific people to handle certain tasks on your behalf if you are unable to do so. This can be applied to health care, to designate specific people to administer care or to serve as implied consent; or to property, so that designated people can handle your affairs on your behalf