It is never too early to establish estate-planning documents for young adults. Two of the most important documents include the health care directive and durable power of attorney. The health care directive, also known as a health care POA, determines who can make medical decisions on your behalf. In turn, the durable POA determines who can make financial decisions for you. At Brandywine Oak, we believe it’s critical to have these conversations and to prepare for all of life’s possibilities.
To learn more about these estate-planning documents, please read Wealth Management’s https://www.wealthmanagement.com/estate-planning/two-estate-planning-documents-clients-need-college-bound-kids.