If you are dealing with a neurological condition, it is important that your Texas estate plan takes that into account. For instance, if you believe that your cognitive function will erode over time, it may be a good idea to sign legal documents now or make other decisions while of sound mind. Let’s look at some other ways that health issues could impact your estate planning.
Not all ailments are terminal
Conditions such as Alzheimer’s disease are terminal ailments, which means that you will eventually succumb to them. However, you are likely to live a full life after being diagnosed with ADHD. Therefore, it may be in your best interest to have a plan in place to manage the symptoms of the condition such as anxiety, depression or difficulty focusing.
If you experience migraines, you may want to create a power of attorney that takes effect if you experience symptoms for many days at a time. This may help to ensure that bills are paid or that other obligations are met while you are bedridden or confined to your home.
Make sure others are aware of your symptoms
If you have Parkinson’s disease, you may develop a condition called hypomimia. This is also referred to as Parkinsonian masked faces, and it may look to others as if you don’t understand what is being said in a conversation. This could cause an adviser to question whether you are competent to create or sign an estate planning document.
There is also a chance that your handwriting style will change as the disease progresses. It may be a good idea to have your attorney create a document affirming that you are competent to engage in estate planning and that your various signatures are all valid. An attorney may be able to provide guidance as you attempt to navigate the estate planning process and may suggest trusts or other documents that may make it easier to have your needs met as your mental or physical health changes over time.