Many people are unconcerned about the matter of incapacity planning because they feel as though it is unlikely that they will ever be in a position where they are not able to make their own decisions.
Admittedly, this is not a very pleasant subject to consider, and when you are perfectly healthy and in full control of your faculties it can be hard to imagine a future point in time when you would be unable to take care of everything on your own.
In truth you would do well to understand the facts so that you can take the appropriate steps to protect yourself.
The existence of Alzheimer’s disease alone is a good enough reason to plan ahead for the possibility of incapacity.
A very good resource that you may want to explore if you are interested in Alzheimer’s disease is the Alzheimer’s Association website.
According to the Alzheimer’s Association there are some 5.4 million Americans living with Alzheimer’s disease at the present time. When you do the math this means that one out of every eight senior citizens is suffering from the disease. And of course, the likelihood of contracting Alzheimer’s disease increases as you get older and older.
Alzheimer’s causes dementia, and dementia can make it impossible for sufferers to make sound financial and medical decisions.
To have hand-picked decision-makers in place in the event of your incapacity you should execute durable powers of attorney naming attorneys-in-fact who would be empowered to make decisions in your behalf should you become incapacitated.
You can put these important documents in place by setting up an appointment with our firm.
Mr. Horowitz was awarded his Juris Doctor degree with honors from the University of Connecticut School of Law. While attending law school, Mr. Horowitz received the American Jurisprudence Award in Legal Ethics and the Nathan Burkan Award.
After graduation from law school, Mr. Horowitz continued his legal education at New York University School of Law where he received a Post Doctorate Law Degree in Taxation. He has also recently received a national achievement award.
Mr. Horowitz is admitted to practice before all the state courts in the State of Connecticut and the United States District Court.
Mr. Horowitz was selected for Super Lawyers in 2021, 2022 and 2023.
- Legacy Planning In the Age of the Silver Tsunami - November 21, 2023
- Estate Planning Neglect: Unraveling the Risks - November 2, 2023
- When Is a Trust Preferable to a Will? - October 17, 2023
