Legal Documents for Young Adults
On more than one occasion, clients have recounted stories of trying to sort out their adult child’s medical expenses because the child was still on the parent’s insurance, only to be denied further information because the child had not granted the parent access to their medical records. An Advance Medical Directive and Durable Power of Attorney can help parents and their adult children navigate these types of situations.
An Advance Medical Directive is a document that names someone to make medical decisions for you if you cannot make them for yourself. (A doctor determines whether you are able to make your own medical decisions.) These documents can also give directions or preferences regarding specific care, such as end-of-life care or organ donation.
A Durable Power of Attorney is a document that names someone to act on your behalf in a financial capacity. Depending on how the power of attorney is drafted, this person may have access to your bank accounts, the power to sell your real estate, and the ability to file your tax returns.
Through the end of August 2019, Leitch Law is offering a special discounted rate of $90.00 for these two documents for young, unmarried adults (ages 18-29).
As your child makes the transition from high school to college or from college to the professional world, encourage them to get these important documents in place.