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Home » Family Articles » Living Wills Make Final Wishes Known

Living Wills Make Final Wishes Known

People remember how sad they felt while Terri Schiavo withered away; as they watched the woman's family fight over what they thought she wanted.

You Should Have A Living Will

While Living Wills have existed for some time, they have become household words since the Schiavo case - the Florida woman who suffered severe brain damage in 1990 and became the centre of a legal and moral debate which culminated in her passing away on March 31, 13 days after her feeding tube had been removed.

The controversy pitted Schiavo's parents, who wanted to keep their daughter alive, against Schiavo's husband, who said she wanted to die rather live in such a state. Politicians joined in the debate as did church leaders. People around the nation argued the moral and ethical implications of Schiavo's condition.

Schiavo did not have a Living Will - a written, legal document that clearly expresses what a patient would want done if their condition is terminal and incurable, an important message to your loved ones when you are no longer able to communicate.

While common sense would say Living Wills are more important for the elderly it's important for adults of all ages to have such documents because you never know when tragedy will strike. Schiavo was only 26 when she collapsed in her home.

There are people who are young that don't realize this is important, but it is. The Living Will gives you a chance to make a decision you want about life and death.

Who Needs A Living Will?

Everybody needs a Living Will. You can be in charge, regarding the way you are treated at the end of your life.

Nobody in their right mind would want their family to be dragged through something like the Schiavo case. Anybody, regardless of age, should seriously consider how they will be treated, as long as they are living by the medical community.

It is important to have a Will and a Living Will for the children. It makes it easier on families if a situation arrives, so they don't have to make a decision on their own. It's never too early to have a Will or a Living Will.

And here is another random article you might be interested in...

Taking Responsibility For Your Fiscal Wellness

Investor's responsibility when he is alone in the market.

In today's market environment, the best remedy for this situation is for you to get more involved in your own investing decisions.

The problem is that most individual investors do not have the knowledge, resources, or time to spend doing their own research, stock selection, execution, and position management.

The development and expansion of the internet has solved part of this problem in that the internet now provides timely information and resources, right at the fingertips of the individual investor.

Earnings reports, income statements, balance sheets, charts, graphs, research, chat rooms, and even CEO video conferences are easy to obtain online. Now, investors have all the tools necessary to make their own decisions.

However, for many the problem still exists. Why? Because, all the tools in the world are no good to you, if you don't know how and when to use them. The truth of the matter is that most investors are not qualified or properly trained to interpret the use of these tools, and are therefore ill equipped to use them in making their own investment decisions.

So now what should investors do? The answer is to find someone to help you help yourself. Not to make your decisions for you, but to assist you in making your investment decisions and to help educate you as to the `how` and `why. `

You need to become more involved, and the first step in the involvement process is education.

Education is the key to successful investing for the individual investor in the market of the future.

All of us who invest in the stock market know that there are three possible outcomes after we make a stock purchase.

First, the stock can go up and this is generally a good outcome.

Second, the stocks can go down and this is usually a bad outcome.

Third, the stock can go nowhere - which is also generally a bad outcome.

It is bad because not only could you have put that money to use in something with less risk that might have produced a return, but you also incurred commission costs on the way in and out which added to your loss.

So, we see that there are three things that can happen when you take on a new stock position, and two of them are bad.

Now, what if we tell you that by employing a certain strategy correctly, you can improve your chances dramatically?

Instead of having two of three scenarios possibly go wrong, you would have two of three scenarios that could go right. And, the third scenario, the bad one, wouldn't be nearly as bad.

It can happen by using just one of the many strategies involving teaming stocks with options.

Sound interesting?

Great, but let's start at the beginning and build a solid foundation first.