LaGrange: 1023 W 55th St #200, LaGrange, IL 60525 | Deerfield: 770 Lake Cook Rd #100, Deerfield, IL 60015
LaGrange: 1023 W 55th St #200, LaGrange, IL 60525
Deerfield: 770 Lake Cook Rd #100, Deerfield, IL 60015
LaGrange: 1023 W 55th St #200, LaGrange, IL 60525
Deerfield: 770 Lake Cook Rd #100, Deerfield, IL 60015
Powers of Attorney for Your Children 18 and Over and Questionnaire
Powers of Attorney for Your Children 18 and Over and Questionnaire
When your child reaches the age of 18, the parents are no longer their legal guardians and can no longer make decisions for that child medically or financially. Therefore, if the 18-year-old is unable to make these decisions, then the parent(s) must petition the court for an expensive and time-consuming guardianship.
An example of this would be if your child were involved in a bicycle accident and was unable to make medical or financial decisions for herself, then the parent could not immediately make those decisions unless the daughter had Powers of Attorney for Healthcare and Property as described below.
- Power of Attorney for Healthcare is a document whereby your son or daughter appoints a person—usually a parent—to make healthcare decisions for them in case they cannot make them for themselves. If your child in the example above had this document, then the appointed parent could immediately make decisions concerning her treatment, her physician, and any other healthcare matters.
- Power of Attorney for Property is a document whereby the child of majority appoints a person, again usually a parent, to make decisions about the person’s financial affairs. This could be the payment of bills, the handling of investments and any other financial issues. Since this Power of Attorney should be effective at the time of signature by the child, the parent can use the document not only in a disability setting but also if the child is out of the country for school or military service.
Other Documents That A College Bound Student Should Have
- HIPAA Waiver is a document that permits named persons access to information and documents that are covered by the Health Insurance Portability Act. This Federal Statute prevents 3rd persons from accessing personal data whether it be health or financial information.
- FERPA is the Family Education Rights and Privacy Act. Remember, your child is an adult and so the information and records (including grades) concerning their education are private possessions of your son or daughter. Therefore, in order for the parent(s) to access the information and records, the student must give written consent to the school to disclose the information to 3rd parties, such as parents, guardians, future employers and other institutions.
Please follow this link to a Questionnaire, which will assist us with drafting the documents.
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Wilson & Wilson Estate Planning & Elder Law, LLC helped me navigate a very tumultuous time in my life. Sandra and her team were so gentle with me and the processes that needed to take place for a timely distribution. They worked tirelessly to ensure I was supported throughout the process. Although no one is actually prepared for the death of their loved one Sandra made going through it less painful. I’m forever...
Bill Wilson and his staff are amazing! We have known Bill for over 25 years and have trusted him to handle our different legal situations. From his expertise in our estate planning to seeking his advice on handling our elder relative's estate, we are confident we have the best protection by using Bill. My family and I are truly thankful for his knowledge and patience when dealing with such personal and tough conversations...
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Our experience with Wilson and Wilson in updating our estate planning documents was great. Sandra and Kayla were wonderful to work with. Sandra took the time to make sure we understood the language and elements of each document. She is very knowledgeable thorough understanding and open to suggestions and changes. The work was completed in a minimum amount of time. We feel fortunate to have had such a great worry-free experience working with...
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