The role of capacity in different life stages
Capacity refers to the mental competence of an individual to make a particular decision, and/or undertake certain acts, and/or engage in a particular activity. Who can make decision and what can be done? Doing the right thing at the right time by the right person is key!
<18 years old
- Will, which is executed after death
- Enduring Power of Attorney (EPA), executed after becomes mentally-incapacitated
- Advance Directive (AD), which takes effect after becomes mentally-incapacitated
Let’s take a look at some real life examples.
Medical and Welfare
What should the doctor do when family members have different views? Who can make the decision?
Finance and Legal
How to handle Mr Wong’s business and assets? How to support medical expenses of Mr Wong and the education and living expenses of his family in the future?
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