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Definition of 'Proxy Directive'
A legal document assigning the health-care decisions of an individual to another in the event the individual is unable to make the decisions for themselves.
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Investopedia explains 'Proxy Directive'
If you as a capable individual wanted to assign your children the right to make all health-care decisions should you become incapacitated, you would need to create a proxy directive. The proxy (the assigned decision-maker) is only in charge of making decisions related to your health. They cannot access your money and are not bound to pay your bills.
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Search results for 'Proxy Directive'
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http://www.investopedia.com/university/estate-planning/estate-planning11.asp
... Advance Medical Directives An advance medical directive, which is sometimes called a healthcare directive, is a document that names a proxy and provides ...
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http://www.investopedia.com/articles/pf/05/050905.asp
... A medical power of attorney - also called a health-care proxy, medical directive or durable power of attorney for health care - gives whomever you select the ...
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http://www.investopedia.com/articles/retirement/08/unmarried-couple-documents.asp
... A durable power of attorney for healthcare (or a healthcare proxy) is one of ... Living Will Along with a healthcare directive, you should also have a living will ...
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