Estate planning is important. It includes setting up a person’s finances to minimize taxes, and it also means creating a will to ensure that the possessions a person has are properly disseminated amongst their friends and loved ones when they die. However, another important aspect of this type of planning is establishing a living will.
Living wills in Bel Air, MD help to establish a certain level of medical care that a person will receive if they are unable to make decisions on their own. Many times, a living will or a health care directive will stipulate that a person should be treated in terms of relieving pain and suffering as opposed to being put on a ventilator in the event that they are considered brain-dead.
Another thing a living will does is establishing that certain individual can make important financial decisions in the event the person who is sick or incapacitated can’t make the decisions on their own. This is a very important factor in a living will, and it’s one that a person will need to consider very carefully. Typically, a spouse is someone who is put in charge of a person’s finances and medical care in this situation. However, if a spouse is unavailable, it’s important for a person to choose someone they’re comfortable with and someone they trust.
It’s also important that living wills in Bel Air, MD be created with the help of an attorney. In fact, most states, Maryland included, require an attorney to be present while this document is being created. The good thing is that the document doesn’t have to be very complicated. It can be a rather simple one-page contract that easily and clearly sets forth a person’s wishes pursuant to health care, health care decisions and financial issues.
If you want to plan for every possible scenario, a living will make the most amount of sense. In order to do this, you may want to consult with Michael S. Birch, Attorney at Law to understand how to create a proper living will in the state of Maryland. If you want to know more about the services of this attorney and how he can help you, browse the website for more information.