Do you remember when turning 18 seemed like a big deal? We thought we would be adults and that magically we would no longer have to follow the same rules. We would be in full control of our lives.

It wasn’t quite that way, was it? And yet, in many ways it is that way. There are a group of rights that young people gain when they reach the age of majority, which in most states and for many federal laws is 18. The rights they gain correspond with a loss of control and access for their parents. These include the right to make their own medical decisions; privacy with respect to educational and medical records; the ability to inherit; the right to enter into contracts and apply for credit; and the right (in most states) to marry.

Yes, it’s a good thing that they are growing up, but are they really ready to fly solo? I would say no:, not without some critical documents in place. Young adults need some of the same planning documents that seasoned adults need.

Every adult needs a medical decision-maker for those times when we are unable to make our own decisions. Every adult needs to empower a person to assist with financial management when they cannot, or when they are unavailable. Every adult needs a basic will, placing someone in charge of wrapping up their affairs and providing direction about their intentions.

These are the bare minimum, and in many situations additional planning documents are recommended. Want to learn more? Register for my free seminar, “Before They Leave the Nest” here: (virtual) https://www.eventbrite.com/e/163247536777 or (in person) here: https://www.eventbrite.com/e/163250664131