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Advance Medical Directive (AMD)
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Advance Medical Directive (AMD)
What is AMD?
An Advance Medical Directive (AMD) is
a legal document
signed by a person in advance
to indicate that he does not wish to have any extraordinary life-sustaining treatment to prolong his life
in the event if he becomes terminally ill and unconscious.
What does AMD has to do with Estate Planning?
In Estate Planning, you are planning in advance the distribution of your assets. You want to make sure that your loved ones are taken care of, with enough assets left behind for them.
However, the assets that you intended for your loved ones, may be instead spent on prolonging your own life, in the event of you becoming "terminally ill & unconscious", thus going against your wishes to leave behind sufficient for them.
It is an indeed difficult decision that most of us will not think about, and this is precisely what our Estate Planners can advise you on the Pros & Cons of making an AMD.
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