The creation of appropriate safeguards against the risk of possible future incapacity is an important aspect of anyone’s basic estate plan. Not infrequently, the approach to satisfying this objective starts by creating a robustly drafted general durable power of attorney or the inclusion of appropriate provisions in trusts for appointment of a successor trustee in the event of incapacity.
In some cases, however, a senior’s special circumstances or simply personal preference may give rise to a heightened degree of concern about this issue. In that situation, more can certainly be done to proactively incorporate a variety of safeguards for increased personal and/or asset protection. After a careful review of the specific circumstances, we can suggest a combination of measures to further reduce the chance that the senior in question might undermine his or her own interests or be the subject of avoidable exploitation or harm.
Schedule an initial consultation to take the first step in creating the senior protection plan that is best for you and your family.