What is Incapacity Planning?
When incapacity strikes, conservatorship or guardianship is almost inescapable, unless you plan ahead. Preferred tools for incapacity protection include the Revocable Living Trust, Durable Power of Attorney, Health Care Power of Attorney and HIPAA Authorizations. The Revocable Living Trust provides maximum asset management protection. The Durable Power of Attorney addresses other financial, property and legal matters. Health Care Directives control critical medical decisions and HIPAA Authorizations ensure family access to protected health care information.