WAEstate

Levine, Furman & Rubin, LLC

Attend a Free Seminar
header-logo
(732) 238-6000
  • Home
  • Our Firm
    • Our Services
    • Attorney and Staff Profiles
    • Communities We Serve
      • Ocean County
        • Lakewood
      • Monmouth County
      • Middlesex County
        • Monroe Township
        • East Brunswick
        • Old Bridge Township
        • Edison
      • Mercer County
    • Advantages of Working With Our Firm
    • Multimedia
    • News & Events
    • Speaker Connection
  • Estate Planning
    • Estate Planning Services
    • IRA & Retirement Planning
    • Incapacity Planning
    • Legacy Wealth Planning
    • LGBT Estate Planning
    • Loss of a Loved One
    • Special Needs Planning
    • Trust Administration & Probate
    • Estate and Gift Tax Figures
  • Elder Law
    • Medicaid Planning
    • Veteran’s Benefits
    • Coping With Alzheimer’s
    • Caregiver Guidance
  • Seminars
  • Reports
    • Advanced Estate Planning
    • Basic Estate Planning
    • Estate Planning for Niches
  • Resources
    • Elder Law Resources
      • East Brunswick Elder Law
      • Edison Elder Law
      • Franklin Township Elder Law
      • Lakewood Elder Law
      • Old Bridge Township Elder Law
    • Estate Planning Checklist
    • FAQs
      • Medicaid Planning
      • Probate
      • LGBT Estate Planning
      • Trust Administration & Probate
      • Families Without an Estate Plan
      • Wills and Trusts
    • Nursing Homes Resources
    • Probate Resources
      • East Brunswick Probate
      • Edison Probate
      • Lakewood Probate
      • Monroe Township Probate
      • Old Bridge Township Probate
    • Estate Planning Checkup
    • Estate Planning Articles
    • Newsletters
    • Probate Checklist
    • Trust Administration Checklist
    • Published Books
  • Blog
  • Review Us
  • Contact Us

Incapacity Planning

January 3, 2011 by Roger Levine, Estate Planning Attorney

You will hear mention of the senior population explosion often when you are seeking information about elder law and estate planning. The baby boomers are today’s seniors, and this is the fastest growing group of American citizens. Furthermore, people 85 years of age and older are the fastest growing subset of the senior demographic. This has some very profound implications when you are trying to prepare for all of the eventualities of aging.

Nobody is anxious to think about scenarios that aren’t especially pleasant, but a challenging situation is only compounded by a lack of preparation. The above mentioned statistics would indicate that it is very possible that you will live beyond the age of 85. More than half of people over this age suffer from some form of dementia, and physical incapacity is not uncommon at this age either. This is something that is very important to consider and it takes some mental discipline to do so.

To prepare for the possibility of future incapacitation you can reduce the matter to a simple question: who would you like to empower to make medical and financial decisions in your behalf? You can have a different representative for each type of decision, and this is often recommended in many cases. The person that you know who is the best financial mind may not necessarily be the individual that you would want communicating with your doctors about medical matters.

To appoint someone to act as your medical representative you would execute both a durable medical power of attorney (Living Will), and a durable financial power of attorney to name your financial representative. When you have these documents in place you can rest easy with the knowledge that your own trusted representative will be acting in your best interests should you be unable to make sound decisions for yourself at some point in time.

  • About
  • Latest Posts

Roger Levine, Estate Planning Attorney

Mr. Roger Levine’s law practice is focused in the areas of Estate Planning and Tax Law. Mr. Levine has gained a reputation as a dynamic and entertaining speaker in the Tax and Estate Planning areas and has spoken before numerous legal and accounting professional societies and private organizations. He has appeared on various radio shows and was featured on the Cable TV show “Your Money Matters,” shown throughout New Jersey.

Latest posts by Roger Levine, Estate Planning Attorney (see all)

  • 5 Times to Contact an Estate Planning Attorney - May 23, 2018
  • Is Your Child or Grandchild Enrolled in College this Fall? - May 21, 2018
  • Plan in Advance to Take Your Pet on Vacation - April 27, 2018

Filed Under: Estate Planning, Incapacity Planning Tagged With: Elder Law, Estate Planning, Incapacity Planning

Other Articles You May Find Useful

5 Times to Contact an Estate Planning Attorney
Is Your Child or Grandchild Enrolled in College this Fall?
Reasons to Consult with an Estate Planning Lawyer
Joint Tenants and Estate Planning
Creating Your First Estate Plan? An East Brunswick Estate Planning Lawyer can Help
How Long Does it Take to Create an Estate Plan?

Subscribe to Our E-Newsletter

Download Our Free Worksheet

  • This field is for validation purposes and should be left unchanged.

Where We Are

East Brunswick (Main Office)
F-3 Brier Hill Ct.
East Brunswick, NJ 08816
United States (US)
Phone: (732) 238-6000

Map

levine_sidbr_map

Satellite Office

Lakewood (Satellite Office)
1072 Madison Avenue Route 9
Lakewood, NJ 08701
United States (US)
Phone: (732) 238-6000

Office Hours

Monday9:00 AM - 5:00 PM
Tuesday9:00 AM - 5:00 PM
Wednesday9:00 AM - 5:00 PM
Thursday9:00 AM - 5:00 PM
Friday9:00 AM - 5:00 PM
  • About The Academy
  • Disclaimer
  • Privacy Policy
  • Sitemap
  • Contact Us
  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • YouTube
footer-logo

Levine, Furman & Rubin, LLC © 2019 American Academy of Estate Planning
Attorneys, Inc.