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Everyone should have a living will

Wills and estate planning are often regarded as things to get done in your retirement years. Many people procrastinate on starting a will because they think they don't have enough assets, or that it’s too early.

Some even consider it bad luck to start a will too soon.

Of course, this isn’t the case. There are many reasons to consider a will long before you’ll need one. A living will can help ease the stress and worry of loved ones during a difficult time.

When creating a living will, you are ensuring your wishes will be honored if something ever happens to you. If you are unable to speak for yourself or make important decisions, a living will gives your family a clear understanding of what should be done.

Furthermore, creating a living will can help your family have these difficult conversations about healthcare. Everyone gets on the same page.

Your living will can be as specific as you like. You can put in things like how you want your hospital room, including how you want lighting or types of religious items.

All of this is to help you stay as comfortable as possible, should you ever need someone to make these types of decisions for you.

While there is no age limit to creating a living will, many people procrastinate until it’s too late. There is no reason to wait, these documents are easy to make and don’t take a lot of time.

Living wills are not legally binding so it’s important to keep it updated and tell people when you make changes.

A living will makes life easier for loved ones and gives you peace of mind. You know you will be treated the way you want, should you need others to make decisions for you.

If you haven’t started a living will, an experienced estate attorney can help guide you through the process and create a document that fits your life.

http://www.wealthmanagement.com/estate-planning/what-advisors-need-know-about-living-wills

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