What’s the Difference Between a Will and a Living Will?
When it comes to estate planning, certain terms can be confusing—especially “will” and “living will.” While they sound similar, these are two very different documents. Both are essential, but they serve unique purposes at different times in your life.
A Will—actually short for Last Will and Testament—is a legal document that only takes effect after you pass away. It explains how you want your property, money, and belongings to be divided. A will also allows you to:
Name an executor, the person who carries out your wishes.
Appoint guardians for minor children.
Direct where sentimental or valuable items should go.
The main goal of a will is to make sure your assets are handled the way you want and to ease the burden on your loved ones.
A Living Will, also known as an Advance Healthcare Directive, takes effect while you are still alive but unable to make or communicate medical decisions for yourself. It lays out your wishes about medical treatments, such as:
Life support
Resuscitation (CPR)
Feeding tubes or breathing machines
Other end-of-life care choices
The main goal of a living will is to give doctors and family members clear guidance about your medical preferences, reducing stress and uncertainty during difficult times.
A quick way to remember the difference:
A Will = What happens after you’re gone.
A Living Will = What happens with your medical care while you’re still alive but unable to speak for yourself.
Having both a will and a living will, along with a power of attorney, ensures that your wishes are protected in every situation. A living will speaks for you in medical emergencies, while a traditional will makes sure your family and assets are cared for after your death. Together, they provide peace of mind and help prevent confusion or conflict among loved ones.
If you’re in the Paducah area and are ready to put these essential documents in place, I can guide you through the process and help create an estate plan that reflects your values and goals. To schedule a free consultation and learn more, contact me today at (270)983-2228.
