Estate Planning for a Medical Emergency

Medical emergencies are difficult to anticipate. An accident, a sudden health crisis, or an unexpected medical diagnosis may cause cascading problems if you don’t have a clear and comprehensive plan in place. Today’s blog from Davidson Law Group explains how you can handle estate planning for a medical emergency.

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First, Have a Plan

The first thing to do is have an estate plan in place. Do you wonder how your loved ones will take care of themselves after you’re gone? Do you worry about their financial, emotional, and physical well-being if something happens to you? Then maybe it’s time to talk about estate planning with your loved ones. 

The state of Texas has very specific laws that allow you to designate who receives your assets after you die, including life insurance benefits, property, bank accounts, and more. When it comes to a medical emergency, you have other things to consider with regard to your legal rights.

Medical Power of Attorney

Texas allows for a medical power of attorney for estate planning. A simple four-page form allows you to designate who can make medical decisions for you in case you become incapacitated and you cannot direct a doctor or care team. You designate who makes those decisions for you, and what limits you place on that person’s decision-making authority. You can also designate two alternates in case your first choice is unable or unavailable. The form must be signed in the presence of a notary public or two competent adult witnesses. Davidson Law Group can fully explain your rights and the rights of a designee with regards to medical power of attorney.

Living Wills

A living will, also known as an advance medical directive, gives instructions to doctors and your care team about when to continue or cease medical treatment for a terminal illness or when death is imminent. It’s a good idea to discuss a living will with your doctor and family before signing the document. A living will does not have anything to do with distributing your assets after you pass away. Asset distribution is another aspect of estate planning.

Do Not Resuscitate (DNR) Order

Texas law allows for a do not resuscitate (DNR) order. This directive goes into effect when a patient’s circulatory or respiratory function ceases. Your attending physician issues the order, only after validating a written, signed, and dated order made by the patient. Your agent designated under the medical power of attorney form can make a DNR order for you in certain circumstances. An advance medical directive may also designate a DNR order. DNR orders may come into effect in long-term care facilities or situations outside of a hospital. The estate planning attorneys at Davidson Law Group can help you fill out a DNR form and explain the legal ramifications of such a document.

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Davidson Law Group Is Here for You

Davidson Law Group is here to answer all of your estate planning questions. We’ll help determine the best course of action based on your individual situation. Contact our law firm today in Fort Worth, Allen, or Tyler.