Living will

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Living will

A document specifying the kind of medical care a person wants-or does not want-in the event of terminal illness or incapacity.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Advance Directive

A legal document expressing a person's medical wishes in the event of his/her mental or physical incapacity. An advance directive is made while the director is still competent, and comes into effect at incapacity. An advance directive may state whether or not the director wishes to be placed on life support or to receive a particular treatment. It may or may not assign another party, usually a family member, to make these decisions as they come up. It is important to note that in this situation, an advance directive is not a power of attorney and neither allows the other party access to the assignor's finances, nor obliges him/her to pay for any treatment. See also: Proxy directive.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

Living will.

A living will is a legal document that describes the type of medical treatment you want -- or don't want -- if you are terminally ill or unable to communicate your wishes.

Like wills that provide instructions about your assets, living wills must be signed and have two or more witnesses to be valid.

You can use a healthcare proxy or durable power of attorney for healthcare to authorize someone to act as your agent to ensure your wishes are followed. Because there are still unresolved questions about the extent of your agent's authority, it may be wise to get legal advice in preparing the documents.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
If we are to ask a friend or relative to serve as agent under an advance health care directive (and there appear to be no attractive alternatives to doing so), then the least we can do is try to assure that person that he or she will not become embroiled with backseat drivers over the control of the steering wheel, much less the target of some expensive lawsuit over an alleged breach of fiduciary duties.
There are potential errors physicians must avoid in discussing advance health care directives. We must not trivialize these difficult, highly personal discussions by excessive reliance on advance directive forms alone.
Those changes include an expansion of the scope of advance health care directives to include mental health care.
The Court notes that this case arose before the federal law on "living wills" (advance health care directives) became effective in September 2009 (Patientenverfuegungsgesetz, Gesetz vom 29.07.2009, BGBl.
(10) The overall objective of the UHCDA is to encourage the creation and enforcement of advance health care directives and to provide a means for making health care decisions for those who may have failed to adequately plan for them.
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