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February 06, 2012
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Living-Wills Legislation Gains Broad Support

WASHINGTON - There's growing support among Democrats and Republicans in Congress, and key advocacy groups, including the AMA, to pass legislation to make it easier for Americans to get and fill out advance directives.

Given recent tragic events and a study showing that only one in five Americans have living wills, Senators Bill Nelson (D-FL) and Hillary Rodham Clinton (D-NY) today called upon their colleagues to act on Nelson's Senate measure. And Representative Sander Levin (D-MI) announced plans to introduce a companion bill in the House.

"If there is a lesson to be learned from the tragic events of the past few weeks, it is the importance of having a living will," said Clinton, at a Capitol Hill news conference with Nelson and other lawmakers. "It's not an easy thing to confront one's own mortality, but it's essential that people face these issues now so that their loved ones have a clear understanding of their wishes. A living will gives voice to the will of a loved one."

"This legislation is an important next step to ensure that a person's advance directive is known and respected," said Levin, who coauthored a law in 1990 requiring hospitals and others to inform patients about living wills. "It has become increasingly clear that the public needs and wants more information in order to make their own personal decision about end-of-life care."

Nelson's legislation would cover a doctor visit for Medicare beneficiaries to discuss end-of-life medical preferences. It also would fund a public-education campaign under the Department of Health and Human Services to increase awareness of living wills among Americans of all ages.

"Although Terri Schiavo wasn't able to speak, she was able to educate an entire nation about the need to spell out their wishes in a living will," Nelson said. "Congress should make it easier for all Americans to complete this important document."

In addition to Senators Nelson and Clinton, Senators Dick Lugar (R-IN), Jay Rockefeller (D-WV), Jeff Bingaman (D-NM), Tim Johnson (D-SD) and Susan Collins (R-ME) are co-sponsoring the bill. Representatives Vic Snyder (D-AR) and Benjamin Cardin (D-MD) are joining Levin's effort in the House.

"Though it is a difficult subject for both you and your family, it is necessary to discuss end-of-life decisions," said Snyder, a family physician. "With the right information and guidelines, creating advance directives now can help you, your family, and your doctor in the future."

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Did You Know?    
 
 
A Will, is sometimes called a "Last Will and Testament"
Used to transfer property you hold in your name to the person(s) and/or organization(s) you want to have it. A Will also typically names someone you select to be your Personal Representative (or "Executor") to carry out your instructions and names a Guardian if you have minor children. A Will only becomes effective upon your death, and after it is admitted to probate.

 


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Latest news about Financial & Estate Planning in Oklahoma and nationwide:

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Living-Wills Legislation Gains Broad Support
WASHINGTON - There's growing support among Democrats and Republicans in Congress, and key advocacy groups, including the AMA, to pass legislation t...
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Estate Planning Terms

 


Today's Terms

Gain

Definition:
The difference between the Tax Basis (the amount originally paid for property with certain adjustments) and the amount received for the property when it was sold.

Devise

Definition:
A gift made by a will or a trust. A devise is made to a beneficiary under the terms of the will or trust.

Personal Property

Definition:
Movable property, including furniture, antiques, automobiles, business equipment, cash and stocks. Compare with Real Property.

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Estate Planning Resources

 


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Estate Planning Hot Topics

 
Topics Related to Estate Planning:

  • Trusts
  • Wills
  • Uniform Probate Code
  • Gift Tax

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Oklahoma Estate-Planning Attorney

 
If you live in the following cities and need an Estate-Planning attorney you should contact our Estate-Planning Attorney as soon as possible:

  • Ada
  • Altus
  • Ardmore
  • Bartlesville
  • Bethany
  • Broken Arrow
  • Chickasha
  • Choctaw
  • Claremore
  • Collinsville
  • Duncan
  • Durant
  • Edmond
  • El Reno
  • Enid
  • Guthrie
  • Lawton
  • Mcalester
  • Miami
  • Muskogee
  • Mustang
  • Norman
  • Oklahoma City
  • Okmulgee
  • Owasso
  • Ponca City
  • Sand Springs
  • Sapulpa
  • Shawnee
  • Stillwater
  • Tahlequah
  • Tulsa
  • Yukon
 


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