How do I plan for disability or incapacity?

When planning for disability or incapacity in the state of New York, it is important to have a comprehensive plan in place. This includes creating a Living Will and Advance Directive. A Living Will is a statement that outlines the medical care you would like to receive should you become disabled or incapacitated, such as life support, organ donation, etc. An Advance Directive is a document that allows you to appoint a trusted individual to make healthcare decisions on your behalf if you become unable to do so. The next step is to create a Durable Power of Attorney for Healthcare. This document allows you to appoint a trusted individual, such as a family member, to make decisions regarding your medical care, finances, and other matters in the event of your disability or incapacity. It is also important to create a Last Will and Testament. This document allows you to name the individual or individuals who will receive your assets and possessions after your death. It will also allow you to name a guardian for your minor children, should you become disabled or incapacitated. Lastly, it is important to have disability insurance in the event of a long-term disability or incapacity. This insurance would help cover the cost of medical expenses and other costs associated with a disability or incapacity. By creating a comprehensive estate plan and taking the right steps to ensure you are prepared for potential disability or incapacity, you can protect yourself and your loved ones.

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How do I plan for disability or incapacity?

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