Will you always be invincible? What if something unexpected happens tomorrow? Being incapacitated means you can no longer "speak for yourself", making personal health and financial decisions.

Incapacity can strike anyone at any time. It doesn’t discriminate by age, although age brings on additional challenges. Every adult, whether age 25 or 95, can become physically or mentally incapacitated due to accident or illness.

So it stands to reason, we should all have up-to-date powers of attorney for property and personal care. These documents are intended to communicate your wishes in situations when you are alive but not able to represent yourself. Don’t confuse them with a will. A will only comes into effect upon your death; it’s of no use while you’re still alive.

Elder care is a new and growing concern, as family members are living longer. Do you have care concerns or responsibilities for a family member? Opening discussion and establishing a family action plan will benefit both those who are cared for and the caregiver.