As trusted advisors, our shared goal is to guide clients through planning for all aspects of their futures. While many are aware of the necessity of estate planning, an equally crucial but often overlooked aspect is preparing for potential incapacity. This preparation not only secures their future but ensures they maintain control over their lives during unforeseen circumstances. 

The Realities of Incapacity and Disability 

Incapacity, defined as the inability to make key financial or medical decisions, can result from temporary situations like accidents or permanent conditions such as dementia. Statistics from the Department of Health and Human Services reveal that more than half of Americans aged 65 and older will develop a disability requiring long-term support. 

Disabilities affect a wide age range; over one in ten adults between 35 and 64 have reported disabilities. Despite this, many underestimate their risk of becoming disabled long-term, often pegging it at just 1 to 2 percent. 

The Cost of Being Unprepared 

Without an incapacity plan, your clients face significant risks. The financial, emotional, and logistical impacts of disabilities can be severe, costing from tens of thousands to millions of dollars. More critically, without a plan, the courts may intervene to appoint decision-makers for your clients, likely not the individuals they would have chosen themselves.

Court Involvement and Client Autonomy 

Appointed guardians or conservators must comply with strict legal standards, which can be limiting and intrusive. They often need court approval for major decisions, which can be a public, expensive, and time-consuming process. This loss of personal autonomy can be distressing for both your clients and their families. 

Join Us in Securing Client Futures 

We invite you to collaborate with us in stressing the importance of this critical aspect of estate planning. By working together, we can ensure that your clients are fully prepared for whatever the future may hold.

Download Our Free Guide 

For further insights and detailed guidance, click the button below to download our free guide, "Tools Your Loved Ones Can Use When You Need Help." This resource will provide you with essential information on the documents necessary for comprehensive incapacity planning. 

Download Now 

Thank you for trusting us with your future. Together, we can ensure that you and your loved ones are fully protected, come what may.