Are you in favor of a "living will"?

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Eventually we are all going to get old and pass... an inevitable stage which is really a concern if ever as it could be sudden and fast or prolonged with significant pain and burden to those who really care for us. i often thought about it as nowadays especially with the present financial crisis and the high cost of hospitalization. Surely i would be more thankful if it would be fast and sudden, but if i were to have an endstage illness that would require me to undergo treatment without assurance of having the same quality of life or would somehow make me as a burden to my family, then that would be causing much pain for me as well as my family. So, are you in favor of a "living will", which is unknown to your family, stating that if you ever suffer a terminal disease that there would be no surgical or clinical intervention, and to have only comfort measures?