Reminder: College Kids Need Estate Plans Too
Although this time of year, kids maybe starting to get excited for school, it is also a time of the year some parents dread. Time to send your child off to college. You may have their books paid for, furniture bought, refrigerator stocked, do you really have everything they may need?
What is often overlooked is that your children are now legally adults. Once you turn 18, you legally are on your own. One of the side effects of becoming an adult, is that you are the only one allowed to make a decision for yourself unless you have set it up for other to make decisions for you. Although your child may not have a lot of assets, they still will have a bank account. Further, if they should become ill, they still will have to make health care decisions - assuming they are able to do so. Are these worries you have?
If so, please contact our Jacksonville and Ponte Vedra Beach attorneys at Wood, Atter & Wolf, P.A. in order to discuss ways to make sure your child is fully prepared for college.
