When creating a financial power of attorney, the agent you select must be a capable adult. Alternatively, you can choose an organization to serve as your agent. For example, you might choose your bank, a law firm, or some other capable representative to manage your financial affairs for you. Topics covered in this report include: Financial Power of Attorney Advance Medical … read more
Incapacity Planning
Basic Estate Planning Questions, Part 3 – Incapacity Planning
In our third blog post on basic estate planning questions, we are going to turn our attention to a vital piece of every estate plan, incapacity planning. Incapacity planning is a process that everyone who creates an estate plan in North Carolina will go through. As you create your incapacity plan, you and your attorney will develop a variety of tools that will come into effect should you … read more
Greensboro Incapacity Planning and Your Revocable Living Trust
A part of most contemporary estate plans, the revocable living trust is one of the more powerful tools available to people who want to protect against the needless cost and time imposed by the probate process. Yet while you might understand that revocable living trusts give you the ability to reduce or eliminate the necessity of probate, you might not realize that these tools also afford … read more
Casey Kasem, Incapacity, Estate Planning, and Family Conflict
For millions of Americans, Casey Kasem's unmistakable radio voice is indelibly etched into their memories as the host of the American Top 40 Countdown. Unfortunately, the 82 year-old Kasem has recently become the center of a bitter family conflict between his daughter and his spouse. Kasem suffers from Lewy body disease, a form of dementia very similar to Parkinson's disease. The … read more
Greensboro Incapacity Planning Will Help Your Family
Many people in the Greensboro, North Carolina area have considered incapacity planning, but have not really taken the time to sit down with an estate planning lawyer to craft a plan. While the reluctance to craft an incapacity plan is often due to our refusal to accept the possibility that we might one day become incapacitated, we can help get over this hurdle by better understanding … read more
Incapacity Planning Tip Sheet
If you live in the Greensboro, North Carolina area, it’s never too early to begin thinking about incapacity planning. Whether you are a young adult, parents with young children, a person nearing retirement, or someone who has health conditions that could lead to your possible incapacitation, preparing for the possibility that you might no longer be able to communicate or make decisions … read more
Incapacity Planning Means Every Adult Needs to Have Power of Attorney
A lot of people in the Greensboro, North Carolina area have heard the term “power of attorney” but do not really know what it is. To put it simply, a power of attorney is a legal document that gives you the ability to grant someone else the legal authority to make decisions for you. Whether you want that person to act in a limited fashion, have broad decision-making abilities, or only … read more
Wife Brain Dead and Pregnant and Hospital Won’t Remove Life Support
A recent story out of Texas is drawing new attention to the significant differences between state laws that address advance directives and medical wishes made by pregnant women. Late last year, Dallas-Fort Worth area paramedic Eric Munoz discovered his wife, Marlise, unconscious on the floor of their home. His wife, who was pregnant at the time, remained unresponsive to his efforts to … read more
As You Age, You Need to Consider Incapacity Planning
One of the more common issues that elder law attorneys have to deal with is incapacity planning. Everyone knows that as we get older we lose our ability to do the things we were once able to do. Whether these declines result from specific medical conditions or from the aging process itself, incapacity planning deals with the possibility that you might one day experience a decline so … read more
Dementia Can Strike Younger People as Well
Part of the process of creating a complete estate plan is making medical directives that protect you, should you become incapacitated and unable to make your own medical choices. Living wills, health care powers of attorney, and other directives are vital pieces of any good estate plan even if you are not currently suffering from any serious medical conditions. Yet one of the many … read more
