A will is a legal document that comes into effect after your death. By making a will you are deciding who looks after your affairs after you die. It is easier for family members or friends, who are left behind, to carry out your explicit wishes about how you want your estate divided, rather than having them guess or argue about what you would have wanted– or worse, having your estate divided.
A living will is a legal document that a person uses to make known his or her wishes regarding life prolonging medical treatments.
To find out more info you can look into these links:
http://www.alllaw.com/articles/wills_and_trusts/article7.asp
http://www.nolo.com/legal-encyclopedia/why-is-it-important-make-will.html
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