Asset Management Decisions in the Event of Incapacity

There are several ways for adults to to plan for the possibility of incapacitation due to physical or mental disability.  The options are:

  • Appointment of a guardian or conservator to manage the person and/or the property
  • Issuance of a durable power of attorney to designate an agent to act on behalf of the incapacitated individual
  • Appointment of living trust for the management of the property during the incapacity

Inside Asset Management Decisions in the Event of Incapacity