If most people were asked whether or not they want to have a say in who takes care of them if they are no longer able to take care of themselves, most people would answer that they want to make that decision. Unfortunately, most people are not asked that question until it is too late. That means that when it comes down to making the decision, most people do not have a choice in the matter. Other people have to make the decision.
It is just a fact of modern life, that at some point, many people will no longer be able to manage their own affairs. This could be because of dementia or Alzheimer’s Disease. It could just be the everyday forgetfulness that often inflicts the elderly. When we reach that stage of life, we need other people to help us. There are legal documents that can be executed that give other people the legal authority needed to assist us. However, there is a catch. In order to execute those legal documents, we need to be competent enough to take care of ourselves. After you have already reached the point where you need someone else’s assistance, you are usually not legally competent enough to execute the documents. A Court will decide who manages your affairs.
There is a simple solution to this problem. Execute the documents now, before you need them. Talk to an estate planning attorney about how to do that.