While taking care of the financial aspects is certainly a big part of holistic estate planning, it is also important to cover all your bases on the healthcare front.
There could come a time when you are incapacitated and unable to communicate medical decisions in real-time. If you do not execute the appropriate documents beforehand, your next of kin would be asked to make decisions for you.
This can be a very difficult position to be in, especially when decisions have to be made about the use of feeding tubes or some other life support measure that could keep you alive if you were in a vegetative state due to an irreversible terminal condition. Not only is it rather unfair to ask someone else to make this decision for you, members of your family could disagree about the correct course of action and acrimony could ensue.
The solution lies in the execution of documents called advance healthcare directives. One of these is a living will, which is used to state your wishes regarding medical procedures such as the use of life support.
Another advance healthcare directive that is recommended is the durable medical power of attorney. With this document, you empower someone of your choosing to make medical decisions on your behalf should you become unable to make them on your own.
Advance healthcare directives are important components that should be a part of any modern estate plan. To execute these documents, simply take a moment to arrange for a consultation with a good Kansas City estate planning attorney.
Author, President and Founding Attorney
Parman & Easterday