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When it comes to planning ahead with respect to one’s estate, there are all sorts of options to look over and take into consideration. Not only do many people plan ahead regarding their assets, but it is also smart for people to think about health care matters that could affect them in the future. For example, many people want to grant a loved one the power to make crucial health care decisions in the event that they become incapacitated. Some may do so by creating a living will, while others may set up a health care proxy.
Living wills allow people to designate whether they want certain types of medical treatments in the event that they are unable to speak for themselves. For example, someone can outline whether they want to be resuscitated. On the other hand, some people decide to designate a health care proxy who will be able to make crucial decisions for them should they find themselves in such a position. Also known as a durable power of attorney for health care, setting up a health care proxy allows another person to make health care decisions for you if you cannot do so yourself.
When it comes to setting up a living will or a health care proxy, it is essential to pay close attention to every detail. The decisions you make could have a significant impact on you in the future and you should make sure that you have carefully prepared for various issues that could surface in the years ahead.
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