How do I plan for disability or incapacity?

When planning for disability or incapacity in Nebraska, you should consider a few important legal documents. The first document you should complete is a durable power of attorney. This document allows you to appoint someone else to make medical and financial decisions on your behalf if you become incapacitated. Additionally, you should create an advance directive, which outlines your wishes regarding medical treatment if you become mentally unable to make those decisions yourself. You should also think about creating a living trust. A living trust is a legal document that allows you to plan for the distribution of your assets after death, or during a period of incapacity. The trust can also be used to provide for a family member or friend in the event of your disability or incapacity. Finally, if you have minor children, you should draft a will. This document will name a legal guardian to look after your children in the event of your death or disability. Additionally, the will enables you to designate how your assets will be distributed to your children after you’re gone. In Nebraska, it is important to plan for disability or incapacity because if you become mentally incapacitated, you may not be able to make important decisions for yourself. By creating these legal documents, you are able to ensure that the decisions are made according to your wishes.

Related FAQs

How do I make sure that my digital assets are taken care of after my death?
What is probate, and how can I avoid it?
What is a revocable living trust?
What happens to my estate if I die intestate?
What rights do my heirs have to my estate?
What is a health care directive and how does it work?
What is a disclaimer and how does it work?
What is an estate inventory and why should I create one?
What is the difference between an executor and a trustee?
Should I name my estate as the beneficiary of my life insurance policy?

How do I plan for disability or incapacity?

Related FAQs

Related Blog Posts