Gilbert Wealth Articles

Living Will vs. Healthcare Directive: Understanding the Key Differences

When planning for medical emergencies or end-of-life care, two important legal tools often come into play: the living will and the healthcare directive. While these terms are sometimes used interchangeably, they refer to different aspects of healthcare planning and serve distinct purposes. Understanding the differences can help you make informed decisions about your own care—or help you guide a loved one in doing the same.

What Is a Healthcare Directive?

A healthcare directive (also called an advance directive or advance healthcare directive) is a broader legal document that appoints someone to make healthcare decisions on your behalf. It sometimes can include components of a living will. It is effective anytime you are unable to make your own healthcare decisions—not just at the end of life.

The person appointed is called a healthcare proxy, agent, or durable power of attorney for healthcare. 

What Is a Living Will?

A living will is a written legal document that outlines your preferences for medical treatment if you become unable to communicate or make decisions due to illness or incapacity. It primarily addresses end-of-life care and specific life-sustaining treatments. A living will might state that if you are in a persistent vegetative state, you do not want to be kept alive on a ventilator or receive artificial nutrition.

It includes specific instructions for situations such as:

  • Whether you want artificial nutrition and hydration.
  • Whether you want resuscitation (CPR).
  • Usage of mechanical ventilation, dialysis, or other life-sustaining interventions.

The living will is only used if you are incapacitated and determined to be in a terminal condition or permanently unconscious state.

Do You Need Both?

In many states, the healthcare directive includes a living will section. Still, it’s useful to review both components:

  • The living will ensures your specific wishes about life-sustaining treatment are known.
  • The healthcare directive empowers someone you trust to handle medical decisions when situations arise that aren’t covered in your written instructions.

Summary

Preparing a living will and a healthcare directive is an essential part of thoughtful estate and medical planning. These documents not only protect your wishes but also relieve loved ones of the burden of making difficult decisions in stressful moments.

If you’re unsure where to start, consider speaking with an estate planning attorney or using reputable resources from your state’s department of health or bar association. Clear communication with your family and your designated agent is just as important as the paperwork itself.

Steven Gilbert

Steven Gilbert CFP® is the owner and founder of Gilbert Wealth LLC, a financial planning firm located in Fort Wayne, Indiana serving clients locally and nationally. A fixed fee financial planning firm, Gilbert Wealth helps clients optimize their financial strategies to achieve their most important goals through comprehensive advice and unbiased structure.