The Difference Between a “Last Will and Testament” and a “Living Will”

Will: The rights of a decedent's family.

Will: The rights of a decedent’s family

Estate planning Many people confuse these two documents and sometimes believe they are the same document. They are two very different estate planning documents. A living will is a legal document that is sometimes referred to as an advance directive.  In Florida, a living will deals with whether a person wants to be kept alive by life-prolonging measures when they have a terminal condition, an end-stage condition, or are in a persistent vegetative state. A living will is only effective when a person has a terminal condition, an end-stage condition, or is in a persistent vegetative state.

A professional guardian must pass a rigorous testing process to become a registered guardian, and all guardians are bonded for 100% of the value of the ward’s liquid assets.A last will and testament is a legal document where you name a person to manage your estate and advise to whom your estate shall be devised. A last will and testament is only effective once a person has died.

For help or answers to will and estate planning-related questions, you can contact BaskinFleece at 727.572.4545.

 

 

 

The content of this information is courtesy of The Florida Bar and represents general legal advice. Because the law is continually changing, some provisions in this blog may be out of date. It is always best to consult an attorney about your legal rights and responsibilities in your particular case.

This blog is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

 

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