Should I Have a Durable Power of Attorney?

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Should I Have a Durable
Power of Attorney?
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Comprehensive Planning
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When you plan your estate you take control of
the things that will happen after you pass away
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However, to be comprehensively prepared you
should also consider the interim that will
precede your passing
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Incapacity
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You may go through a period of incapacity before
you pass away
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Incapacity among elders is more common than you
may think
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Alzheimers Disease
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Upwards of 45 percent of people who are at least
85 have Alzheimers disease
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Alzheimer's causes dementia
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While this alone is attention-getting, there are
other causes of incapacity
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Guardianship
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If you become unable to make sound decisions,
the state could be petitioned to appoint a
guardian to ACT ON YOUR BEHALF
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The court-appointed guardian may not be someone
that you would have chosen
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Proactive Planning
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If you are proactive you could avoid a
guardianship proceeding
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It is possible to name your own hand-picked
decision-makers
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Durable Power of Attorney
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You can empower a representative of your own
choosing to act on your behalf in the event of
your incapacitation through the execution of a
durable power of attorney
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These powers of attorney remain in effect even if
the grantor becomes incapacitated
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Indianapolis Incapacity Planning Consultation
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INCAPACITY PLANNING is important if you want to
be comprehensively prepared for the future
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• To discuss the matter in detail with a licensed
  professional, contact our firm to schedule a free
  consultation

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[phone] www.FrankKraft.com