It’s only natural for most people to put off getting an estate plan in order. But what people may not realize is that if a medical emergency happens, like a car accident or a stroke, their medical wishes and treatment may not be handled in the manner they would have liked.
Say your mother is in the hospital and incapacitated. Unless you are her Power of Attorney, you may not be able to make decisions with regard to her treatment.
It’s never too early to put Powers of Attorney in place because this will allow the person you select to make the decisions for your medical treatment as closely to your wishes if you become unable to make choices for yourself. But it can be too late to get this important legal document drafted!
If you wait too long and suffer a brain injury or get a diagnosis of dementia or Alzheimer’s disease you may have to get a guardian; this can be a complicated legal matter you may wish to avoid.
Since you cannot plan for medical emergencies it’s best to be proactive. Drafting a will and securing Powers of Attorney are the first steps in protecting your future-and one less thing to worry about when a medical emergency does occur.
To learn more about Powers of Attorney, guardianship, and what estate planning is best for your family contact the attorneys at Peck Ritchey, LLC at (312) 201-0900.