Testament tree displaying medical care preferences, representing a living will.

Understanding Living Wills and Their Role in End-of-Life Care Planning for Institutional Investors

Introduction A living will is an essential document that outlines an individual’s wishes for medical care when they lose the ability to communicate those decisions due to incapacitation or terminal illnesses. This document, also known as an advance directive, specifies whether the person wants life-sustaining treatments such as resuscitation, ventilation,

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