The following should be an “18th Birthday Present” to the parents and their kids, so they are secure.
In most states, parents are without the authority of making health care decisions or managing money for their kids as soon as they turn 18. That means if a young adult is in an accident and becomes disabled, heaven forbid a parent might need court approval to act on his or her behalf.
Accidents are the leading cause of death for young adults, and a quarter-million Americans between 18 and 25 are hospitalized each year.
As much as you hope you’ve prepared them to take care of themselves, you may still be their fallback for emergencies.
Be sure to have your young adult sign a health care proxy before heading off to college. This document is also called a health care agent or health care power of attorney and authorizes someone to make medical decisions on the young adults’ behalf. And legally, it also automatically gives that agent access to your medical records. Additionally, you can express your preferences for end-of-life care. Be sure to keep up-to-date versions of these forms.
Not only will you need a health care proxy, but also a durable power of attorney. While the former deals with medical decisions, the latter appoints a trusted family member, friend or adviser as an agent to act on your behalf, if need be, in a variety of financial and legal matters. Don’t wait. Call Hudack Law today at 951-708-3577 or 714-351-3236.