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ARTICLE · 16 SEPTEMBER 2019

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Most college packing lists do not include an estate plan; however, a few basic documents can give you peace of mind as your son or daughter heads off to college.

United StatesWealth Management
Jeffrey Green, CPA
Jeffrey Green, CPA
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Why your college-age child needs an estate plan

Most college packing lists do not include an estate plan; however, a few basic documents can give you peace of mind as your son or daughter heads off to college. Without them, once your child turns 18, you will lose the right to access financial or medical information or make decisions on his or her behalf. Recommended documents include:

  • A HIPAA authorization and health care power of attorney, giving you access to medical information and the ability to make medical decisions if your child is unable to do so; and
  • A financial power of attorney, authorizing you to access your child's financial records and handle financial matters while he or she is away from home.

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