Maine Center for Elder Law attorney Barbara Schlichtman says "if you are over 18 and you have a checking account or a bike, you have assets and that means you have an estate." We don't often think of young adults as needing "estate" planning, but there are basic legal documents they (and everyone) should have: an Advance Health Care Directive, HIPAA authorization, and Durable Power of Attorney.
ATTENTION PARENTS! Did you know once your child turns 18, you no longer have automatic access to:
- your child's health records;
- your child's medical condition; and
- your child's education records (without a Read more . . .