Incapacity planning isn’t something you want to think about, but it’s critical to your current and future well-being. Not to mention the fact that it’ll also benefit your loved ones in the event of incapacity.
Even if you’re young and healthy, there’s no guarantee that things will remain this way. For example, you could suffer a serious brain injury in a motor vehicle accident. Or you could be diagnosed with a serious illness, such as cancer.
Incapacity planning will put your mind at ease. Here are some questions to answer as you tackle this part of the estate planning process:
- Who do you want to have the legal authority to make medical decisions on your behalf?
- Who do you want to manage your finances in the event that you’re unable to do so?
- Do you have a living will that outlines the type of medical care you want to receive, such as end of life treatment?
- Who do you want to make personal decisions on your behalf, such as the facility in which you’ll live during your incapacity?
- Do you have a plan for paying for care should you become incapacitated?
If you’ve yet to create an incapacity plan, it’s likely that these questions remain. And that’s a problem, both for you and your loved ones.
Rather than take a risk with your future, spend the necessary time on incapacity planning. It’s a challenge to get your head wrapped around the idea, but you’ll soon realize just how important it is to your mindset and the well-being of all the people you care about.
If you don’t know where to start or why an incapacity plan is important, you’re in the right place. Contact us to schedule a consultation with an experienced incapacity planning attorney. We’ll make sure you create a plan that gives you and your loved one’s peace of mind.