It is a daunting task to prepare for your child to go to college. Now that the enrollment deposit has been paid, the dorm application is complete, and you’ve purchased their first official college sweatshirt, you can breathe – right? Not necessarily. College is an exciting and emotional time for both parents and students. As parents, we are sometimes so consumed with raising our children, that we tend to see them as just that – children. However, the truth is, in the eyes of the law, the apron strings are cut the moment they turn 18.
Any number of emergencies or disputes could arise when a student goes off to college. Issues such as a disagreement with a landlord, a speeding ticket, or heaven forbid – an accident. Parents lose the ability to make medical decisions, financial decisions, or obtain grades and disciplinary information from their child’s school once they are 18 years old, even if the parents are the ones writing the check. So what does this mean for you and your child? If your student would like for you to continue to be involved in those important decisions, they would need to complete legal documents that would allow you to intercede on their behalf.
Here are 3 important legal documents recommended for your college aged child:
1. Power of Attorney
2. Healthcare Directive
3. Will
Relevant forms should be completed when your child turns 18 or at the latest, when they leave for college. If the student goes to a college out-of-state, it may be necessary to complete documents that comply with each state’s requirements.
Do It Yourself
For those who know exactly which documents they need we offer a do-it-yourself option. Most of our clients who choose this option are able to complete their documents with Guidr in less than 30 minutes or less.
Do It With Some Help
Expert advice and guidance. You also have the option to utilize our attorney to review documents and assure your plan’s proper execution and storage.
What to Expect
As you work on your documents in Guidr, you will be asked a series of questions. Your answers to these questions allow us to tailor your documents to your specific needs and goals. After answering the questions and purchasing your document(s), you can choose between two “signing packages.” Guidr will explain your signing options and you can select the one that’s right for you. You can then sign your documents, and have them notarized and witnessed, at your convenience.
It’s that simple.
If you are interrupted while working on your plan with Guidr, don’t worry. Guidr will securely save and store your information so you can pick up where you left off anytime.
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