Incapacity Planning in Minnesota: Essential Tools

Post on 23-Aug-2014

746 views 6 download

description

Your incapacity plan will need to be in place if you need health care but cannot communicate. Learn more about incapacity planning in Minnesota in this presentation.

Transcript of Incapacity Planning in Minnesota: Essential Tools

INCAPACITY PLANNING IN MINNESOTA

ESSENTIAL TOOLS

HEALTH CARE

PROTECTING YOUR MEDICAL CHOICES

Your incapacity plan will need to be in place if you need HEALTH CARE

but cannot communicate

By creating a living will you can express your medical decisions in

as much detail as you wish,

And your health care providers will have to honor your wishes

PROPERTY

PROTECTING YOUR FINANCIAL INTERESTS

If you lose capacity you’ll also need to protect your financial affairs

Creating a durable power of attorney for finances gives you the ability to choose a

representative who will have the legal authority to manage your affairs for you

REPRESENTATIVES

APPOINTING OTHERS TO MAKE CHOICES FOR YOU

Choosing suitable representatives is an essential part of the incapacity

planning process

Your representatives can protect your financial and health care concerns,

and can be anyone you like as long as they are willing, capable adults

BEYOND INCAPACITY PLANNING

DEVELOPING A COMPREHENSIVE PLAN

An incapacity plan is only a part of a broader, comprehensive estate plan

Your estate plan will allow you to not only address questions that might arise out of your incapacitation, but also issues that

your estate will have to face after you die

LEARN MORE ABOUT INCAPACITY PLANNING IN MINNESOTA

German Law Group(701) 738-0060

GermanLawGroup.com