New York Real Estate Lawyer Blog
(Nyack, New York- April 3, 2020) We all hear the horrible, and getting worse, stories of loved ones sick, suddenly finding themselves in the hospital, incapacitated, and no longer in touch with their family members, unable to pay their own bills, manage assets, or even make medical decisions. With the outbreak of Coronavirus (COVID-19), this scenario is a growing concern, and unfortunately, a growing reality for many.
What are common issues families face when a loved one is incapacitated and what Estate Planning documents might give all a piece of mind:
* No power to make medical decisions if you are unable to communicate your medical wishes;