Tips for Choosing the Right Decision Maker

If you are currently struggling to choose a decision maker for yourself, know you are not alone. Many people have difficulty deciding who they want to carry out tough decisions for them on their behalf. A decision maker might have to make legal, financial and medical decisions for you if you become incapacitated. These decisions will have an effect on your entire life, so choosing this person is incredibly important.

While deciding who you want to be your decision maker, there are a few things you need to take into consideration.

1. Is the person you have in mind responsible?

Making a few bad decisions in a lifetime is normal. A lack of responsibility, however, is not something a good decision maker should have. Is the person you have in mind responsible? Can you trust them with your finances? Your legal matters? Medical decisions? The person you ultimately choose should be extremely responsible with their own financial, legal and medical decisions. In-turn, that responsibility will reflect positively on your life.

2. Is the person you have in mind available?

Does this person live close to you? Are they able to reach you quickly and at a moment’s notice? Will they be available and in your life in the years to come? Your decision maker should be someone you know will be able to drop everything and rush to your side to take over the decision-making process. If you become incapacitated, there will a multitude of decisions that need to be made. Your decision maker will have to be available for a long period of time and have no issue putting your decisions at the top of their priority list.

3. Is the person you have in mind unbiased?

Will your decision maker carry out your wishes? Will they respect your decisions, even if they would not make them for themselves? Will they put their own opinions, views and beliefs before yours? Your decision maker should unbiasedly carry out decisions in the way you would want them to be. While this person will make the decisions, they are there to make them on your behalf. And unbiased mind or someone who is on the same page as you for these types of decision is extremely important.

Your decision maker is someone who you should be able to trust, is responsible, available and unbiased. This person, whether it be a family member or friend, should be willing and able to carry out your decisions on your behalf in a way you would want them to. Anyone unwilling to meet these qualifications most likely will not be a proper decision maker. For more information, contact us today!

Posted in Estate Planning

Recent Posts