Are there alternatives for managing property when a person becomes incapacitated?
There's a few different ways to manage assets in case somebody becomes incapacitated. The best way, generally, is to use a revocable living trust, but other ways might include using powers of attorney or establishing a conservatorship, which is really the last ditch effort. That's where we have to go to court. If we can get a power of attorney in place or revocable living trust in place ahead of time, we can manage those assets much simpler and much less expensively.