Q: How does an advanced healthcare directive work in the context of estate planning?
A: It has to do with decisions. While it does not determine how an estate is divided, it is an end of life document that communicates your wishes regarding medical treatments if you become unable to speak for yourself.
A:
In traditional estate planning, we are concerned with 2 major areas. The first is the "health" of the client, and the "second" is the property of the client.
When dealing with the "health" of the client, we are concerned about 2 time periods. The first time period deals with "maintenance" i.e. doctor appointments, prescription refills, hearing aids, etc. The second time period deals with "end-of-life" care and decisions.
The "Advanced Healthcare Directive" deals with "end-of-life" care and decisions. It has not impact or relation to issues dealing with property.
Good question. Hope this helps!
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