Turning 18 is a thrilling milestone that heralds the beginning of adulthood, liberating young individuals with new rights and responsibilities. This transition, however, also brings a significant shift: parents and guardians lose their automatic access to their child's medical, financial, and academic records. It's crucial to prepare for this change by setting up key legal documents that facilitate ongoing support between parents and their newly adult children.

Durable Power of Attorney

A Durable Power of Attorney is essential for continuing to manage your child's financial affairs. This document permits parents or guardians to step in and handle financial matters if their child becomes unable to do so. Whether it's ensuring bills are paid or making critical financial decisions, having this document in place prevents delays and complications during unforeseen circumstances.

Medical Power of Attorney

In scenarios where your child is incapacitated due to illness or injury, a Medical Power of Attorney becomes invaluable. This document grants you the authority to make urgent healthcare decisions for your child, which can be crucial in situations where time is of the essence. By having this arrangement, you ensure there are no legal barriers during medical emergencies.

HIPAA Authorization

Without a HIPAA Authorization, accessing your child's medical information becomes challenging after they turn 18. This authorization allows you to discuss your child's health with their doctors and remain informed about any medical conditions or treatments. Keeping medical lines of communication open is critical, especially for health-related decision-making.

FERPA Waiver

Academically, parents lose the right to access their child's educational records once they reach adulthood, unless a FERPA Waiver is in place. This waiver permits access to vital academic information like grades and enrollment details. Having insight into your child’s academic performance supports your ability to provide assistance and guidance in their educational journey.

Each of these legal documents plays an essential role in navigating the challenges of adulthood for both parents and children. Remember, the requirements for these documents can vary by state or jurisdiction. Therefore, it’s advisable to research your area’s specific legal requirements and, if necessary, consult a legal professional to ensure these documents are correctly set up.