Does My College Kid Need an Estate Plan?
“As a kid reaches 18, they’re an adult in the eyes of the law. Therefore, your parental authority no longer exists and in turn you can lose access to information.”
Some Key Documents Should Be Considered Before Sending Your Child Off to College
“A critical item is often missing from back-to-school college checklists — and it could be far more valuable than anything else your student takes to school this fall: signed legal documents.”
Do I Need an Estate Plan If I’m 25?
“As soon as you are an adult, you should have an estate plan in place.”
Can I Make Decisions for My 18-Year-Old ‘Kid’ If She Becomes Incapacitated?
“Incapacity can occur because of illness or an accident. It can be temporary or permanent. That’s why every adult needs a power of attorney in place, once they turn eighteen.”
Does ‘Gray Divorce’ Fit into Estate Planning?
““Gray divorce” — the unfortunately named term for divorce after age 50 — is increasing among baby boomers.”
How Do I Write a Will?
“Most people should have a will, but it’s rarely the most significant estate planning document an individual holds.”
Is Estate Planning Really That Important?
“The only person who doesn’t need an estate and gift plan is the one who lives forever and never gets sick!”
What Estate Planning Does My Child Need at 18?
“Picture this…your child is in the hospital, but the on-call doctor won’t talk to you let alone allow you to weigh in on medical decisions. While hospitalized, your child’s bills are going unpaid because you can’t access their accounts—potentially wreaking havoc on their financial credit. Why? Because they’re over the age of 18.”
Why Should I Update My Estate Plan?
“Estate planning is making decisions today for what you want to happen in the future.”
Is There More to Estate Planning Than Writing My Will?
“One reason for having a will is to make sure your wishes are carried out. If you die “intestate” (without a will), your assets will be distributed by state law, not by your desires.”
