While most people plan for their passing, many people don’t plan for the possibility of their incapacity, whether temporary or permanent. If you should ever become unable to take care of your own affairs due to aging, illness or accident, you should have a plan in place which you will hopefully never need. The following documents, if in place, may serve as alternative to a court imposed guardianship and assist your love ones in the event of your incapacity: Revocable Trust Agreement, Durable Power of Attorney, Living Will, Designation of Health Care Surrogate and Designation of Preneed Guardian. The failure to have a plan for incapacity in place often result in needless and expensive guardianship proceedings so do not neglect to put these important documents in place while you are able to do so.
