What to Do When a Parent Becomes Incapacitated

About this episode

This episode discusses the importance of planning for incapacity and the legal implications of inaction.

This episode explores why families must start planning for incapacity before a crisis hits. Scott and Nada walk through the legal consequences of waiting too long — especially when it comes to selling a home, managing finances, or accessing medical records for an incapacitated loved one. Legal inaction can lead to delays, stress, and costly consequences during already emotional moments. 📝 Wills, Mandates & Power of Attorney: What’s the Difference? Nada explains the major distinctions between the three documents: Will: Comes into effect after death. Outlines asset distribution and guardianship for minors. Power of Attorney: Grants someone the authority to manage your finances while you're still of sound mind . Mandate of Protection: Activates only after incapacity and includes authority over both financial and medical decisions. Pro Tip: Having a will doesn't protect you during incapacity. You need a separate mandate. 🧠 What Is Incapacity and How Is It Declared? Nada breaks down the definition of incapacity, which often involves cognitive decline (e.g., Alzheimer’s or dementia). To officially declare someone incapacitated, two assessments are required: A medical evaluation…

People in this episode

Host: Scott

Guest: Nada

Topics covered

• incapacity planning
• legal consequences
• power of attorney
• mandate of protection
• family planning
• medical records

Keywords

• incapacity
• legal planning
• power of attorney
• mandate of protection
• wills
• medical evaluation
• homologation

Mentioned in this episode

Organizations: Broady Windsor Group

Books & works: Wills, Mandates & Power of Attorney

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