As a loved one gets older or as you contemplate your own need for estate planning, you want to make sure that people in your family have planned for their own future. This means not only considering what happens to their assets after they pass away, but who will step in and manage their affairs… Read More »
Posts Categorized: Incapacity
Why Incapacity Planning Is Important, Even If You’re Married
Estate planning often leads people to start the process with thinking about what happens to their assets after they pass away. That is certainly important and will help your loved ones by making it easier for them to handle your estate. However, incapacity is another leading reason why you need to have an estate plan… Read More »
How Is Incapacity Evaluated in MA?
Incapacity is an important term as it relates to estate planning. The existence of a power of attorney enables you to authorize someone else to make medical decisions on your behalf if you are incapacitated and unable to do so. Many estate planning instruments like this become active when the person who created it becomes… Read More »
Have You Discussed Incapacity Documents with Your Family This Holiday?
Holidays look different in 2020, meaning that many people are taking this opportunity to keep their loved ones updated virtually. It can be difficult to have conversations around estate planning regardless but it might be easier to broach these topics virtually, specifically when it comes to documents around potential incapacity. Estate planning incorporates a broad… Read More »
Preparing for Incapacity
Whether it’s as a result of the current pandemic or because you’ve had a loved one who suddenly became ill or otherwise disabled, it is important for all adults to think about how their children might be affected by a parent’s incapacity. Young adults should also have basic incapacity documents for young adults in place… Read More »