The Retirement Detective

Emergency Planning for Adult Children


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In this episode, Philip discusses some basic planning documents you can put in place to help children out in emergencies once they become adults.  Once a child becomes an adult, they retain adult priveleges for their health information, financial information, data, etc.  Putting certain documents in place like powers of attorney, living wills, etc can help you manage your child's affairs in an emergency - even once they're an adult.

The documents discussed in this episode are:

1) Healthcare power of attorney

2) Durable power of attorney

3) Medical directives / Living Wills

4) HIPAA Waivers

5) FERPA Waivers

 

 

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The Retirement DetectiveBy Philip Mock, CFA®, CFP®