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Personal Finance Terms 101: Living Will

Watch more Personal Finance Terms 101 videos: http://www.howcast.com/guides/633-Personal-Finance-Terms-101 Subscribe to Howcast's YouTube Channel - http://howc.st/uLaHRS Learn about Living Wills in this personal finance terms video tutorial. Howcast uploads the highest quality how-to videos daily! Be sure to check out our playlists for guides that interest you: http://howc.st/ytmainplaylists Subscribe to Howcast's other YouTube Channels: Howcast Health Channel - http://howc.st/HOE3aY Howcast Video Games Channel - http://howc.st/tYKKrk Howcast Tech Channel - http://howc.st/rx9FwR Howcast Food Channel - http://howc.st/umBoJX Howcast Arts & Recreation Channel - http://howc.st/vmB86i Howcast Sports & Fitness Channel - http://howc.st/vKjUjm Howcast Personal Care & Style Channel - http://howc.st/vbbNt3 Howcast empowers people with engaging, useful how-to information wherever, whenever they need to know how. Emphasizing high-quality instructional videos, Howcast brings you experts who provide accurate information in easy-to-follow tutorials on everything from makeup, hairstyling, nail art design, and soccer to parkour, skateboarding, dancing, kissing, and much, much more. A living will is a really important estate planning document, that's usually a couple of pages long. And it's a legal document where you basically designate what type of life support care you would want or not want in different situations. And this is, there is no right answer on this, but your making your wishes known. If you don't have a living will, often times that decision will be made by the state government that you live in or the medical provider instead of you. And your wishes maybe very different from what would have happened. Everybody watching this needs to create a basic living will and you can have an attorney do it or you can usually get some online software or some pre-filled out forms at an office store that cover the key decisions that you want to make regarding your wishes. Make sure its your decision on important things likes this so that your family and your loved ones aren't impacted negatively and put in very difficult situations because no one knows what your wishes were.
Length: 01:15

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