YYou’ve probably heard the terms “Last Will” and “Living Will,” but what’s the difference? Let’s break it down.
A Last Will
A Last Will is a legal document that outlines what happens to your assets after you pass away. It covers who gets your property, who will take care of your children, and any other specific wishes you have, like funeral instructions.
A Living Will
A Living Will, on the other hand, deals with your health care preferences if you become unable to make decisions for yourself. It outlines what medical treatments you do or don’t want and helps your loved ones understand your wishes.
The key difference is that a Last Will takes effect after your death, while a Living Will applies while you’re still alive but incapacitated.
Most people benefit from having both. The Last Will ensures your assets are distributed as you want, and the Living Will takes care of your health care preferences if you’re unable to speak for yourself.
Creating a will is an act of love and responsibility. It’s about taking control of the future, even when you’re not there to see it. Don’t leave your legacy to chance. Secure your wishes, and protect your loved ones, with a will.
