Here’s why incapacity planning is a big deal: you never know what the future holds.
One day, you’re in good health and feeling confident in everything the future will bring. But the next, you’re struggling with an illness or serious injuries that leave you unable to make your own decisions.
While you hope that nothing like this ever happens, it’s critical that you plan for the future. There’s a lot that goes into that, including incapacity planning.
Some of the many things that could result in incapacity include Alzheimer’s disease, motor vehicle accident, or a workplace injury.
Note: just because you’re young and healthy doesn’t mean that you’re immune to incapacity.
Now that you know why incapacity planning is a big deal in an overall sense, let’s dive into the finer details. Here are some questions that an incapacity plan can help you answer:
- Who do you want to make medical decisions on your behalf?
- Who do you want to manage your finances on your behalf?
- What type of end of life treatment are you interested in receiving?
- Who will take control of your assets?
As you begin to answer these questions, you’ll come to realize why incapacity planning is critical to your future.
Once you’re comfortable making final decisions, you can create an incapacity plan that will give you and your loved ones peace of mind.
Without an incapacity plan, there’s no way of knowing what will happen to you and your estate if you’re unable to communicate your wishes. In many cases, it comes down to the court to decide.
If you have questions about incapacity planning or concerns about what you already have in place, contact our law firm for professional guidance and advice. We’ll make sure that you feel confident in every aspect of your incapacity plan.