Incapacity planning involves directing how you are to be cared for and how your assets will be managed if you become physically and/or mentally unable to care for yourself or make responsible decisions. This could involve simple tasks like buying groceries, paying bills, and handling your day-to-day finances to more important decisions such as selling real estate, gifting assets, or making critical medical decisions. Depending upon the needs of the individual or family, incapacity planning could include a number of planning techniques such as durable financial powers of attorney, living wills and durable powers of attorney for health care, revocable living trusts, and guardianships and/or conservatorships.
Guardianships and conservatorships are court-supervised proceedings which name an individual or entity to oversee the personal care of an incapacitated person (guardianship) and manage his or her financial affairs (conservatorship). They can be appropriate where the incapacitated person has not otherwise planned for the management of his or her personal and financial affairs in the event of incapacity or where he or she is susceptible to being taken advantage of by unscrupulous individuals.
-
5.0/5.0I have known Phil Peterson for decades. He has always been honest, competent, civil and reasonable in all of my dealings.
-
5.0/5.0
I did not personally meet with any of the attorney's as they were hired by our business associate. But I was able to work with Julie Pena. I spoke with her many times on the phone, and in every instance, she was extremely kind, compassionate, and h...
-
5.0/5.0
My wife and I have been given a beautiful gift of parenthood all because of White Peterson and their staff. There isn’t a day that goes by that we aren’t incredibly thankful for how responsive and compassionate this office is. When life has hit u...
-
5.0/5.0
William Punkoney was so great to work with in establishing my family trust. He took time and great length to explain why a special needs trust would protect one of my family members and averted me from making a mistake in not including that in my tru...
-
5.0/5.0
White Peterson Law Firm offers superior quality of professional help. Our legal issue was handled with respect and our lawyer offered fine advice and took care of the entire process for us. Very pleased with every aspect of our interaction and recomm...
