Power of Attorney for
Young Adults & Students
As a young adult turns 18 and heads off to college, they step into a new phase of independence and responsibility. This milestone brings exciting opportunities but also significant legal implications. As an adult, they now have sole authority over their medical, financial, and educational records, which means their parents or guardians no longer have automatic access to this important information.
In the event of an emergency, this can create significant challenges for parents or guardians to assist. By having essential legal documents in place, a young adult ensures that their parents or guardians can step in and make crucial decisions if they are unable to do so themselves. Whether it’s accessing medical information during a health crisis, managing financial matters, or handling legal issues, these documents provide the necessary legal authority to support the young adult effectively. This proactive step ensures they are protected and supported, no matter what life throws their way.
HERE IS WHAT'S INCLUDED
Financial Power of Attorney
A Financial Power of Attorney allows you to manage your child's financial affairs, including bank accounts, bill payments, and other financial matters, if they are incapacitated or need assistance.
Healthcare Power of Attorney
A Healthcare Power of Attorney grants you the authority to make medical decisions on behalf of your child and access their medical records, ensuring that you can act quickly and effectively in a medical emergency.
Living Will
A Living Will outlines your child's wishes regarding medical treatment in situations where they are unable to communicate their preferences. This ensures that their healthcare decisions are respected and followed.
FERPA Form
The FERPA (Family Educational Rights and Privacy Act) Release permits educational institutions to share your child's academic records with you, allowing you to stay informed about their academic progress and address any issues that may arise.
HIPAA Release Form
The HIPAA (Health Insurance Portability and Accountability Act) Authorization allows healthcare providers to share your child's medical information with you, ensuring you are informed about their health status and can make timely decisions.
Who is the client?
While parents or guardians often initiate the Power of Attorney (POA) process for their college-age children, it's essential to recognize that the young adult is the client. Here’s why this distinction is crucial and how it affects the decision-making process:
Legal Adulthood
At 18, your child is legally an adult, responsible for making decisions about their financial, medical, and legal matters. It is a requirement that they are 18 to acknowledge this autonomy through the POA process.
Empowerment & Responsibility
Centering the young adult in the decision-making process empowers them and clarifies their rights and responsibilities, preparing them for independent life with necessary support.
Agent Designation
The young adult must actively designate an agent (such as a parent or guardian) to act on their behalf. This ensures that they are fully aware of and agree with the powers they are granting.
Active Participation
The young adult should actively engage in POA discussions, understand the documents' implications, and feel comfortable with their decisions, fostering ownership and responsibility over their affairs.
how the process works
Fill in the Online Form
Pay Online
Start by completing our simple online form to provide the necessary information for the young adult's Power of Attorney.
Once the form is filled out, make a secure payment of $500 online and submit the form.
Receive a Call
After form submission & payment, our team will call to confirm the information provided and set up a convenient time for the signing appointment.
In-Person Signing
The young adult will attend an in-person signing appointment in our office to finalize and make the Power of Attorney legal.
Why choose Anderson Elder Law
Proven Expertise
With over 36 years of experience, Anderson Elder Law, founded by Linda Anderson, offers trusted, personalized legal services.
Quick & Easy Process
Our streamlined process gets your documents ready to sign in no time.
Cost-Effective and Efficient
At just $500, our POA package is affordable and ensures you get the necessary documents quickly.
Comprehensive Coverage
Our POA covers all aspects of your child’s needs, from finances to healthcare.
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STEP ONE: Understanding Your Goals and ConcernsWe are here to support you every step of the way as you embark on the journey of Doing What Matters. We take the time to truly understand your unique goals and concerns. By engaging in open and empathetic conversations, we ensure that your voice is heard and that we have a complete understanding of your needs.
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STEP TWO: Suggesting Strategies for Your SelectionWith our unwavering commitment to your success, we provide you with a range of highly personalized strategies. Our experienced team guides you through each option, offering insights and explanations to help you make informed decisions. Together, we explore the possibilities and identify the strategies that best align with your aspirations.
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STEP THREE: Developing A PlanAs part of your trusted advisors team, we work collaboratively with you, your accountant, financial advisor and others, to develop a comprehensive plan that encompasses all aspects of your situation. This includes legal considerations, personal preferences, and family dynamics. Our goal is to create a roadmap that not only addresses your immediate needs but also takes into account your long-term objectives.
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STEP FOUR: Implementing the PlanWe believe that achieving meaningful results requires teamwork. Alongside you and your trusted advisors, we diligently execute the plan. We are by your side throughout the entire process, facilitating open communication and ensuring everyone is working towards the same goal. Together, we navigate any challenges that may arise, providing the guidance and support you need.
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STEP FIVE: Ongoing Support and AdaptationOur commitment to your success doesn't end once the plan is in place. We remain dedicated to supporting you as you continue to Do What Matters. We conduct regular reviews to ensure that your plan remains aligned with your evolving circumstances. Our team stands ready to adapt the plan as needed, offering ongoing guidance and support to help you achieve your goals.