Obamacare & Living Wills

Navigating Complex Issues with Help from Our McKinney Estate Planning Attorneys

Under the Affordable Care Act, better known as Obamacare, doctors will now be reimbursed for taking the time to speak with patients about certain estate planning matters. This initiative is designed to encourage the elderly to write a living will, and to assign medical power of attorney. A surprisingly large portion of senior citizens have no will or estate plan at all, which can prevent their wishes from being met if they become hospitalized or incapacitated.

Creating a will is a great idea, no matter what age you are or how much money you have. At Willingham Law Firm, our McKinney estate planning attorneys have created more than 4,000 wills, making us uniquely qualified to handle even the most complex estate planning matters.

Questions about living wills? Call our firm today at (214) 250-4407 to schedule your free consultation.

The Importance of a Living Will

While a last will and testament is important to protect your wishes after your death, a living will can do the same thing while you are alive. In this document, you can specify what types of medical care you do, and do NOT want to receive if you are ever unable to make the decision for yourself. These procedures can include:

  • Blood transfusions
  • Dialysis
  • Being placed on a respirator
  • Specified surgeries

Those who are terminally ill may also choose to include a “do not resuscitate” order, commonly known as a DNR. This document will inform emergency medical personnel that you do not wish to receive CPR or similar life-saving treatments in the event of a medical emergency.

Protect your wishes. Contact us today to start forming your living will.

Medical Power of Attorney

Establishing medical power of attorney is also extremely important, as it allows you to give someone the ability to make medical decisions on your behalf when you aren’t able to. You can give this individual as much or as little power as you want, although most people tend to grant them full power. This means that if a situation arises which is not covered in your living will, you will still have someone you trust making decisions for you.

It’s Never Too Early to Create a Living Will

While these Obamacare provisions are primarily geared toward senior citizens, everyone should have a living will. Few people plan on being incapacitated or unable to make decisions, but life can be unpredictable. It’s important to specify your wishes in writing to ensure they are protected.

To form a living will, contact our experienced McKinney estate planning lawyers at Willingham Law Firm today. We have handled all types of estate planning matters for more than 2,000 clients, and will use our extensive knowledge and experience to help protect your wishes.

Get started today. Call Willingham Law Firm at (214) 250-4407 for experienced counsel.