Law Offices of Christine Chung
  • Home
  • About Us
    • Our Philosophy
    • Our Planning Process
    • Our Fees
  • Attorney
  • Virtual Services
  • Practice Areas
    • Estate Planning
    • Probate Administration
    • Trust Administration
  • Blog
  • FAQ
    • Estate Planning
    • Probate
    • Trust Administration
  • Contact Us

My Baby Is Heading Off To College Already?!

10/14/2019

0 Comments

 
Picture
The days are long, but the years are short. I know soon enough my children will be going off to college and although it’s something to look forward to, I don’t want it to happen just yet. Do you have a child going off to college already?

Having some estate planning documents in place before they head off to college is especially important even if you don’t think they need it.  You may think they’re too young or don’t really have any significant assets. However, when a child turns 18 years old, they are legally their own person. Parents of an adult child will no longer be able to control the health care decisions of their child or be able to manage their child’s financial affairs.

For example, if your child is going to an out-of-state college and is involved in an accident that leaves your child unable to make medical decisions, without a health care directive, the doctor may not release any information on your child’s medical condition or make any decisions unless there is a court order.

Or if your child is studying abroad in another country and needs immediate access to funds, you may need a power of attorney for your child to be able to talk to the financial institutions and help get money to your child overseas.
​
Make sure to discuss what documents are needed for your children who are turning 18 or recently turned 18 years old. 
0 Comments



Leave a Reply.

    About the Author

    Christine Chung, Esq.
    [email protected]
    949.529.1480

    Archives

    March 2020
    January 2020
    November 2019
    October 2019
    November 2018
    April 2017
    March 2017
    February 2017
    January 2017
    November 2016
    October 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    March 2015
    January 2015
    September 2014
    July 2014
    June 2014
    April 2014
    March 2014
    February 2014

    Categories

    All
    Advance Health Care Directive
    Digital Assets
    Digital Property
    Estate Planning
    Estate Tax
    Fiduciary
    Guardian
    Health Care Power Of Attorney
    Income Taxes
    Joint Tenancy
    Living Trust
    Probate
    Trustee
    Wills

    RSS Feed

    View my profile on LinkedIn
Picture
Home | About Us | Attorneys | Virtual Services | Practice Areas | FAQs | Contact Us 

© 2018 Law Offices of Christine Chung. All rights reserved. Disclaimer/Privacy Notice
  • Home
  • About Us
    • Our Philosophy
    • Our Planning Process
    • Our Fees
  • Attorney
  • Virtual Services
  • Practice Areas
    • Estate Planning
    • Probate Administration
    • Trust Administration
  • Blog
  • FAQ
    • Estate Planning
    • Probate
    • Trust Administration
  • Contact Us