Incapacity Planning Part 1

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Incapacity Planning Part 1 of 2
Common Questions And Answers
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Capable
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What does it mean to be incapacitated?
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The law presumes that, as an adult, you have the
legal ability to make decisions for yourself
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This is known as capacity
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If you lose your ability to make choices, you
become legally incapacitated
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Losing Ability
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How do people become incapacitated?
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There is no single cause of incapacitation
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Common causes include being involved in an
accident that leaves you comatose,
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or suffering from a medical condition, such as
Alzheimers disease,
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that leave you unable to make decisions
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Planning
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What can you do to prepare for incapacity?
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Theres little you can do to make sure that you
will never become incapacitated,
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BUT
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You can create legal tools that will address what
you want to happen
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should you lose your ability to communicate or
make decisions
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The process of creating these tools is what
incapacity planning is all about
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Tools
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What kind of tools are we talking about?
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That depends on your individual needs,
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BUT
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You will create tools that allow you to appoint
others who will make decisions on your behalf,
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As well as tools that will allow you to express
your choices in as much detail as you like
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(We will talk more about the specific tools in
our next presentation.)
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Learn More About Incapacity Planning in Colorado
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www.ColoradoEstatePlan.com
719-520-1474 303-736-6060