Legal Documents Every New Adult Should Consider

Embracing Adulthood: A New Chapter with Responsibilities

Turning 18 is an exhilarating milestone in life. With this leap into adulthood comes freedom and independence, but also a set of unfamiliar legal and practical challenges. One critical aspect often overlooked by new adults and their families is the inability of parents or guardians to access medical, financial, and academic records. Proactively setting up key legal documents can ease this transition and ensure continued parental support when necessary.

Durable Power of Attorney: Managing Financial Affairs

A Durable Power of Attorney is a vital document for any young adult. It authorizes parents or guardians to manage financial tasks if an adult child becomes incapacitated. This ensures that financial obligations, such as bill payments and other money matters, are handled without disruptions.

Medical Power of Attorney: Navigating Healthcare Decisions

In emergencies, timely medical decisions are crucial. A Medical Power of Attorney allows parents to make healthcare decisions on behalf of their child. This document is critical if the young adult is unable to communicate their wishes due to illness or injury, ensuring there are no delays in essential medical treatment.

HIPAA Authorization: Access to Health Information

Without a HIPAA Authorization, parents cannot access their child's medical records or discuss treatment details with healthcare providers. Securing this document is essential for staying informed and involved in the child’s health-related decisions.

FERPA Waiver: Academic Record Access

Once someone reaches 18, FERPA regulations cut off parental access to academic records. Obtaining a FERPA Waiver enables parents to support their child in academic matters, such as assisting with grades, results, and enrollment proceedings.

Navigating Legal Complexities: Seeking Professional Advice

The laws surrounding these documents can vary across states and jurisdictions. Researching local requirements and consulting with a legal professional is prudent to ensure these documents are appropriately set up and enforceable.

This pivotal life stage is about more than newfound freedom. It involves significant responsibility, much of which can be managed with these legal tools. Taking these proactive steps allows families to navigate this transition seamlessly, providing peace of mind and continuity of care.