What Is A Health Care Proxy And How To Get One | Money Unscripted | Fidelity Investments

The Bakers had just sent their daughter off to college when they got terrible news. She had been hurt in an accident and was in a coma. Because Baylie was a legal adult and didn't have a health care proxy, her parents could not make medical decisions on her behalf. On this episode of Money Unscripted from Fidelity Investments, learn why this document is so important for any unmarried, adult child. Ally Donnelly talks with Fidelity's David Peterson to understand what a health care proxy is, how to get one, and the important conversations you need to have to help protect your family. 00:00 Welcome to Money Unscripted 01:00 Bailey: Her story and her legacy 05:28 What is a health care proxy and why is it so important? 07:05 Is a health care proxy different from a power of attorney? 08:51 How should I talk to my child about a health care proxy? 10:41 What's the difference between a health care proxy and a living will? 11:27 Who should be a person's health care proxy? 13:19 How long is a health care proxy valid for? 14:31 How do I get a health care proxy? 15:37 Where should a health care proxy form be kept? 17:19 Health care proxies: A recap Questions? Drop them below 👇 and we’ll reply right in the comments. For more info on health care proxies, check out: https://www.fidelity.com/learning-cen... Learn more about the Baker Family's mission at: https://www.baylieswish.org/ Watch all Money Unscripted episodes here: https://www.fidelity.com/learning-cen... New episodes drop bi-weekly on Tuesdays. Have a comment or episode idea? We’d love to hear from you! Email us at [email protected] • To see more videos, subscribe on YouTube:    / fidelity   • Follow Fidelity on Reddit:   / fidelityinvestments   • Follow Fidelity on Instagram:   / fidelityinvestments   • Follow Fidelity on TikTok:   / fidelity   • Follow Fidelity on Facebook:   / fidelityinvestments   • Follow Fidelity on X (Twitter):   / fidelity   • Follow Fidelity on LinkedIn:   / fidelity-investments   • Follow Fidelity on Discord:   / discord   • Follow Fidelity on Pinterest:   / fidelityinvestments   Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917 1117850.1.0