Consider giving a gift that will make your high school graduate’s life a little bit easier as he or she transitions into adulthood.
Many of us fail to realize that the law considers our children to be adults at the young age of 18, when many of us are still learning how to be responsible and independent. As a result, parents are less capable of assisting their children as they are no longer considered legal guardians.
Powers of Attorney (“POA”) are legal documents that will allow you to help your child transition into adulting by providing you the ability to make and carry out financial and medical decisions on their behalf.
Financial and Medical Powers of Attorney generally allow a person (the “principal”), to name people (“agents”) who can step in to make decisions for the principal or manage tasks, when he or she is unable to do so. These documents are useful not only in times of unforeseen urgency, such as a medical emergency, but also in daily activities, such as paying bills or executing agreements.
For young adults, these important documents are often overlooked due to age in relation to minority. Emergencies occur and life often requires the assistance of loved ones. By having these documents in place, one can ensure that family members have the legal ability to assist when the time comes.
Chauvel & Glatt can assist young adults in creating these crucial documents during exciting times of personal growth. Consider giving your graduate the gift of peace of mind this graduation season! Contact the Estate Planning Attorneys at Chauvel & Glatt to set up a time to learn more about POAs or to get this prepared for you.
This material in this article, provided by Chauvel & Glatt, is designed to provide informative and current information as of the date of the post. It should not be considered, nor is it intended to constitute legal advice. For information on your particular circumstances, please contact Chauvel & Glatt at 650-573-9500 for legal assistance near you. (photo credit: Depositphotos.com)