In a "living will" you transfer all of your assets to your heirs while you are still living.

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A living will, also known as an advance healthcare directive, outlines your wishes regarding medical treatment if you become unable to make decisions for yourself. It does not transfer assets to heirs while you are still living. A living trust, on the other hand, can be used to transfer assets to heirs while you are still living.

In a "Living Will" You Transfer All of Your Assets