Schools Out For Summer. If you are able to say that without singing Alice Cooper's version, you are a better man than I.
It is the three (3) months of the year that college kids get into a little (or a lot) of trouble. No real responsibilities, young summer love, and lots of traveling.
Since you can't stop your 'children' from making bad decisions, make sure they are prepared in case they do.
If you have 'children' between the ages of 18 and 24 make sure they have a Durable Power of Attorney, Healthcare Surrogate and Living Will prepared in case of an emergency. Without these documents, parents and loved ones are helpless.
Durable Power of Attorney:
Name someone to manage your financial affairs either immediately or in the future should you lack the capacity to do so yourself.
Name someone to make medical decisions on your behalf if you are unable to make them yourself.
Document that will state how and if you want to prolong your life if you fall into a vegetative state.
If you live in Miami-Dade, Broward, or Palm Beach contact an experienced estate-planning attorney at The Hershey Law Firm, in Fort Lauderdale, Florida, at (954) 303-9468 to discuss your estate planning needs. You can’t predict the future, but you can plan for it.