UNLESS you have these 3 things in place……
Your graduating senior may still be your baby, but in the eyes of the law, he or she is now an ADULT!
That means you can no longer make important medical or financial decisions for your child without their permission.
But let's face it….your job of being a PARENT doesn't stop just because your child turns 18. If there's a medical emergency or your child asks for financial help, you NEED the ability to cut through the legal red tape and get involved.
FACT: Doctors, hospitals, and financial institutions will NOT bend the rules on this! It's against privacy laws. You must have 3 KEY DOCUMENTS in place to make important medical or financial decisions on your child's behalf (just imagine the nightmare of your child getting hurt hundreds of miles away at school and the hospital refuses to give you so much as a status update!).
I am Steve Worrall and I am an estate planning attorney in Marietta.
I call these 3 key documents the Parent Sanity Protection Kit, as they give you the legal permission you need to HELP your child and avoid more gray hair at the same time!
- Advance Health Care Directive
- Financial Power of Attorney
- HIPAA Form
P.S. – Graduation Gift for YOU: Bring this postcard in and receive a FREE Georgia Family Treasures Planning Session (normally $600) to go over YOUR will, trust, or other legal documents! Having an “adult” child is a huge life change for mom or dad, too, and your estate planning documents must be updated accordingly!