Estate Planning Documents for Your College-Age Children
Overview
In most states when a child turns 18, he or she is legally recognized as an adult. And without having certain legal documents in place such as a durable power of attorney for healthcare, parents may lose their ability to fully support and care for their college-age children in the event of a medical emergency or other circumstances. By knowing which documents should be executed, parents and their adult children can avoid the restrictions of various privacy laws that can prevent timely care.