Why Age 18 is Crucial for Estate Planning: Celebrating 18 Years of Sivia Law

Turning 18 is a significant milestone, not only in the life of a young adult but also in the realm of estate planning. As a parent, you might be well aware that reaching the age of 18 signifies the transition from childhood to adulthood in the eyes of the law.

This change brings about new legal responsibilities and considerations for both parents and their children.

At Sivia Law, we understand the importance of this transition, and we're celebrating 18 years of serving our community with a special promotion.

But first, let's explore why age 18 is a crucial number in estate planning.

When your child turns 18, they are legally recognized as an adult.

This change brings several important legal implications:

1. Parental Authority Ends: As a parent, you are no longer legally in charge of your child. This means you cannot make decisions on their behalf without their consent.

2. Privacy Laws Apply: Healthcare and financial privacy laws, such as HIPAA (Health Insurance Portability and Accountability Act), come into full effect. Without proper authorization, parents may be unable to access their child's medical or financial information.

3. Need for Legal Documents: To continue to assist your adult child in medical or financial matters, essential legal documents like a Power of Attorney (POA) and a Healthcare Directive are necessary.

Why Estate Planning is Essential for Young Adults

Estate planning isn't just for the elderly or the wealthy. It's a vital tool for young adults as well.

Here are a few reasons why:

• Medical Decisions: Once your child is 18, you no longer have the automatic right to access their medical records or make healthcare decisions for them. Without proper legal documents in place, such as a healthcare power of attorney, you might be unable to assist in a medical emergency.

• Financial Decisions: Your child will now have control over their financial matters. Without a financial power of attorney, you won’t be able to help manage their finances if they are incapacitated or need assistance.

• Privacy Rights: Your child’s privacy rights increase significantly at 18. Institutions like banks, hospitals, and universities are legally bound to protect their privacy, which can make it challenging for you to obtain information or intervene when necessary.

Essential Documents for 18-Year-Olds

• Healthcare Power of Attorney: This document allows your child to designate someone to make medical decisions on their behalf if they are unable to do so.

• Financial Power of Attorney: This allows your child to appoint someone to manage their financial affairs if they become incapacitated.



• Living Will: This outlines your child’s wishes regarding life-sustaining medical treatment.

Sivia Law's Special Promotion: Empowering Families

To celebrate 18 years of Sivia Law, we are offering a special promotion for families with children who have recently turned 18 or are between the ages of 18 and 26.

Be one of the first five people to schedule a strategy session with us, and you will receive a complimentary power of attorney.

This essential document will ensure that you and your child are prepared for any eventuality, providing peace of mind as they embark on their journey into adulthood!

Final Thoughts

Turning 18 is a pivotal moment that brings both excitement and new responsibilities. Ensuring that your young adult is legally prepared for this transition is crucial.

At Sivia Law, we are here to support you every step of the way. Don't miss out on our special promotion—schedule your strategy session today and let us help you and your child navigate this new chapter with confidence.