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ARTICLE · 14 OCTOBER 2014

Wealth Management Group Newsletter – Fall 2014

What is a person to do if he or she is terminally ill, or permanently unconscious and unable to communicate? Who will make medical decisions on his or her behalf?

United StatesWealth Management

REVISE YOUR ESTATE PLAN TO COVER HEALTH CARE DIRECTIONS

by Peggy Vyborny, CPA

What is a person to do if he or she is terminally ill, or permanently unconscious and unable to communicate? Who will make medical decisions on his or her behalf? This is why it is important to put one's wishes in writing before a situation like this arises. Generally, that means executing two documents: 1) a living will and 2) a health care power of attorney. This blog explains the differences between the two documents and describes what they can accomplish.

When Jay's motorcycle accident left him unconscious and on life support, his family had to make the difficult decision of keeping the life-sustaining machines on or turning them off and allowing Jay to die. Jay's wife thought he would prefer the latter, while Jay's parents wanted to hold out and see if he would wake up.

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