Incapacity means the inability to make sound decisions regarding one’s financial affairs and personal care.
Trustmakers
Incapacity means the inability to make sound decisions regarding one’s financial affairs and personal care. It can befall anyone who enters a coma or suffers from a mentally debilitating illness, but it largely arises where seniors are struggling with Alzheimer’s. When not planned for in advance, incapacity can create severe consequences for seniors and their loved ones. For example, if a person who has lost capacity never appointed anyone to make legal decisions for them, family members may have trouble paying that person’s bills, or doctors may be forced to choose between family members who disagree about the best medical treatment for a patient. The best way to deal with incapacity is to plan for it while one is still of sound mind.
