“Incapacity” is not something that is limited to seniors suffering from Alzheimer’s of another form of age related dementia. On the contrary, you could become incapacitated at any age as a result of a tragic workplace accident, a debilitating illness, or a catastrophic motor vehicle collision. If that happens, who will make health care and personal decisions for you? Who will control your assets during your period of incapacity? Incapacity planning answer those questions now so that you know who will be in control of you and your assets should incapacity strike.
/ / What is incapacity planning and do I need to include it in my estate plan?