Jill On Money: Post-COVID estate planning

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After facing sickness and death amid pandemic, a staggering 66% of Americans STILL do not have a will

A 2022 Caring.com survey found that just 33.1 percent of adults in the U.S. have a will.

Letter of Instruction: This may contain appointment of someone who will ensure for the proper disposition of your remains. I know that this is sort of creepy, but it is important if you are choosing a method that is contrary to your family’s tradition. Even with a Health Care Proxy, you may need to complete a “Do Not Resuscitate ” order, which instructs health care providers not to perform CPR or other lifesaving emergency procedures if your heartbeat or breathing stops. A lot of people use a Living Will to communicate their end of life wishes, but in many states, you cannot use a Living Will to name a health care agent; you must complete a Health Care Proxy form.

 

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