Dave Says
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At What Age Do I Need A Living Will
Dear Dave,
My husband and I have been married for three years. I’m 25 and he’s 29. We have no children yet, but
we’re trying to put our financial lives in order. At what age do you recommend getting a living will?
Denise
Dear Denise,
Every adult needs a last will and testament and a living will. They are not the same thing. A traditional will
contains instructions for the disposal of your estate. In other words, it tells who gets what after you die.
A living will is sometimes called “the Terri Schiavo document.” If you end up in a situation where you are
unable to speak for yourself, such as a coma or a vegetative state, a living will dictates whether or not you
want doctors to keep you alive using artificial means. This is not the kind of decision you want left to a doctor,
family members, or a court!
- Dave
* Don't miss Dave Ramsey's Total Money Makeover LIVE! event – simulcasting at host locations throughout
the country on September 19 from Atlanta. For more information visit www.daveramsey.com.
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