Once a child reaches age eighteen, they are an adult, and as an adult they make their own decisions. If a child has an accident, who can talk to the doctor and who can pay their bills? The answer is “no one”. A parent has no right to make a decision for an adult child.
Without proper paperwork signed by a child, it will be necessary to go to court and have a judge appoint someone to make decisions for the child. These court proceedings cost thousands of dollars and easily take months before a final order appointing a decision maker happens.
You, as a parent or grandparent, can set up your child for a future that secures both their health and finances.
How? Give the graduate a gift by paying for the preparation of a financial power of attorney and health power of attorney. When an accident occurs the right person selected by the child has the legal right to make health and financial decisions without the cost and delay of ending up in court.
Contact us at Senior Edge Legal to provide the best graduation gift to secure your young adult’s future.