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Plan for the Future: Documents for Young Adults Webinar

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Sending your young adult out in the "real world" is stressful for parents. Join us for a little peace of mind about their estate plan needs.

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A common question that we face as estate planning attorneys is, “at what age should people start estate planning?” Our answer is, anyone who is age 18+ should be completing some form of estate planning; however, the type of planning that’s appropriate may vary from person to person depending upon their circumstances.

At age 18, your children are “adults” in the eyes of the law, and without the proper protections, an accident, injury, or illness that results in the inability of your child to manage their own financial affairs and/or to make their own healthcare decisions would likely result in having to go through the probate court to properly care for them, and to manage their financial affairs.

The most basic form of estate planning which may be appropriate for the young adults in your family include the following documents: (1) a General Durable Power of Attorney (for financial matters); (2) a Durable Special Power of Attorney for Healthcare; and (3) a Living Will (Advance Directive). These documents are intended to help avoid probate, and provide you with peace of mind in the event of an emergency situation. Many parents don’t realize that a hospital, or even a student health center, will not speak to parents unless the young adult has these kinds of documents.

Please join us for a free discussion entitled, “Plan for the Future: Documents for Young Adults.” Lindsey Weinberg, Partner at The Laiderman Law Firm, will be presenting about some of the key documents that the young adults in your family may need as they venture out into the world.

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