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 someones incapacity
can differ significantly
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Incapacity Planning
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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 Choices
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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
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Learn More About Trusts in North Carolina
Learn More About Incapacity Planning in North
Carolina
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