As a parent, ensuring your child's well-being is always a top priority. When your child turns 18, they legally become an adult, which means you no longer have automatic rights to make decisions on their behalf. One crucial step in safeguarding their future is encouraging them to establish a health care power of attorney and a financial power of attorney.

A health care power of attorney allows your young adult to designate someone to make medical decisions on their behalf if they become unable to do so. This ensures that their health care preferences are respected and that decisions are made in their best interest. Without this document, you might face legal hurdles and delays in making critical health decisions for your child.

Similarly, a financial power of attorney empowers a trusted individual to manage your child's financial affairs if they are incapacitated. This includes handling bills, managing investments, and making financial decisions. Having this in place prevents financial chaos and ensures that their assets are managed according to their wishes.

For newly 18-year-olds, these documents are essential because unexpected situations can arise at any time. Accidents, illnesses, or other emergencies can leave them unable to make decisions for themselves. By preparing these powers of attorney, you provide peace of mind for yourself and your family, knowing that your child's health and finances are in capable hands.

In conclusion, encouraging your newly 18-year-old to establish a health care power of attorney and a financial power of attorney is a proactive step that every parent should take. It's about being prepared and ensuring that your child's future is secure, no matter what life throws their way.