Incapacity Planning 1: Possibilities, Options and Choices

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INCAPACITY PLANNING 1 Possibilities Options And Choices

description

Learn more about incapacity planning in North Carolina in this presentation.

Transcript of Incapacity Planning 1: Possibilities, Options and Choices

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INCAPACITY PLANNING 1

Possibilities Options And Choices

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CAPACITY

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What is capacity?

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CAPACITY is the legal ability to make choices

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The law presumes that, unless proven otherwise, all adults are legally capable of making their

own decisions

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INCAPACITY

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What is incapacity?

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Someone who is unable to manage his or her own affairs

or communicate important decisions or choices because of

an illness, injury, or similar cause is incapacitated

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This definition is rather broad, and individual circumstances

that lead to someone’s incapacity can differ

significantly

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Incapacity Planning1

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What is incapacity planning?

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INCAPACITY PLANNING involves considering the

possibility of future incapacity and making choices about what you would want to happen should it occur

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Incapacity Planning Choices2

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What kind of choices will I have when making an

incapacity plan?

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THERE ARE MANY

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In addition to financial planning, you can create tools that allow you to express your

medical choices

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Appoint representatives who will make decisions on your behalf, and plan for the care and guardianship of minor

children