Planning your way
One of the many fears that comes with cancer is the loss of control over other aspects of life. Planning your preferences and outlining wishes is one way you can feel in control. These type of discussions should occur with your loved ones and can be done during routine visits with your healthcare team. Get aid from an estate-planning accountant and lawyer as well.
Power of attorney
This is a legal document that allows you to choose a person to take care of important matters for you — for example, paying bills, managing investments and directing your medical care — if you are unable to do so yourself.
Living will
This is a legal document that spells out what you want to happen if you are terminally ill and can’t speak for yourself. It states whether or not you would accept artificial life-prolonging treatments. It also names a specific person to speak to the medical team on your behalf to make sure your wishes are carried out. This person is often called your agent. Remember to discuss your wishes with that person and make sure he or she is comfortable with the job.
Standard written will
This spells out how your belongings will be distributed after your death and names a person to be the executor of the will to make sure that your wishes are carried out. It also outlines beneficiaries – those who will obtain your estate, possessions, etc. There are also many smaller decisions that people can make in advance if they choose.