The Law Offices of Scott Alan Morrison, P.A.
Frederick
Location
301-694-6262
Hagerstown
Location
301-293-0010

Power of attorney important for college students in Maryland

Many parents worry when their young adult children leave for college. They know the world is unpredictable and that lack of life experience can leave their adult college students vulnerable in Maryland or in any other state. This is why parents should take the right legal precautions in order to protect their young adult children from being put in a difficult position when they become incapacitated. A power of attorney document will enable parents to make medical and financial decisions on behalf of their young adult children when they are not able to make them for themselves.

It is possible that a young college student finds himself in a vehicle accident which causes him to be knocked unconscious. Many times without a healthcare power of attorney document his parents will not be able to access even the most basic information regarding his medical condition. Although when the boy regains consciousness he will be able to give consent to allow his doctors to speak with his parents, it can be a problem if he happens to be in a coma which could last for several weeks.

However, a young college student may also want his or her parents to not only make medical decisions, but also make financial decisions on the student's behalf. A financial power of attorney document will allow parents to access a young adult's bank account as well as pay the college student's bills in the case that the young adult is incapacitated. Additionally, in some cases a young adult may want his or her parents to be able to access his or her financial accounts even when the young adult is not incapacitated. A general financial power of attorney, as opposed to a "springing" financial power of attorney, will give parents this legal authority.

When drafting a power of attorney, whether it be for healthcare or financial decisions, it is important to ensure the legal language is properly formed in order to make sure it is legally enforceable in Maryland or in any other state. This means one will have to be familiar with relevant laws in order to properly apply them to the specific situation. Both parents and college students will sleep better knowing that a power of attorney document is in place.

Source: The Wall Street Journal, Why Your College-Age Child Needs an Estate Plan, Anne Tergesen, Sept. 21, 2013

No Comments

Leave a comment
Comment Information
  • Best Of The Best The Frederick News Post
  • Bar Association Of Frederick County, Maryland
  • NAELA National Academy Of Elder Law Attorneys, Inc.
  • Maryland State Bar Association Inc.
  • Washington County Bar Association , DC Bar
Form Submit Button

Schedule Your Free Consultation Today

For more information and a free consultation with a Maryland estate planning attorney, call us at 301-694-6262 or fill out the form below. We provide clients with the estate services they need.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

We have offices in Frederick and Hagerstown, Maryland, to serve you.

Evening, weekend and off-site appointments are available upon request. Free parking is available at our Frederick office.

Our office will follow the same closing & delays as Frederick County Public Schools for both offices due to inclement weather.

Frederick Office
141 W Patrick Street
Suite 300
Frederick, MD 21701

Phone: 301-694-6262
Fax: 301-668-8884
Map & Directions
Frederick Law Office Map

Hagerstown Office
Cornerstone Wealth Center
19833 Leitersburg Pike
Suite 1
Hagerstown, MD 21742

Toll Free: 866-220-5185
Phone: 301-293-0010
Map & Directions
Hagerstown Law Office Map

Contact This Office Contact This Office