(c) Effect of consentThe amount of a consent dividend shall be considered, for purposes of this titleâ. (1) as distributed in money by the corporation to the shareholder on the last day of the taxable year of the corporation, and.
Advance Directives: Definitions. ADVANCE DIRECTIVE. An advance directive is a document by which a person makes provision for health care decisions in the event that, in the future, he/she becomes unable to make those decisions.
This led to the development of what some have called âsecond generationâ advance directives â the âhealth care proxy appointmentâ or âmedical power of attorney.â. Living wills also reflect a moment in time, and may therefore need regular updating to ensure that the correct course of action can be chosen.