As graduation season nears, it’s imperative to bear in mind that as your child ventures into college, they step into legal adulthood. Upon turning 18, your child is considered to be a legal adult. This important milestone makes it crucial to consider estate planning for your young adult child. Before your child leaves for college, it’s crucial that they have essential estate planning documents in place.
Make sure your college-bound young adult child has the following two documents in place:
- Health Care Surrogate Designation: Also referred to as a Health Care Surrogate Designation in Florida, this document grants you access to your child’s medical records and enables you to make medical decisions on their behalf if they become unable to do so. Without this designation, hospitals may withhold information due to HIPAA regulations.
- Durable Power of Attorney: This document authorizes you to act as your child’s representative in various financial matters, such as banking transactions, bill payments, and contract signings.
Our committed team of estate planning attorneys is prepared to assist you in securing peace of mind for your college-bound young adults. Our estate planning package tailored for college students or young adults is priced at $850 and includes both a Health Care Surrogate Designation and a Durable Power of Attorney.
Contact our office today by calling 954-580-3690, emailing [email protected], or filling out our contact form below. We take pride in responding to inquiries in a timely manner.