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For Yourself and Your Kids
Eight years ago, my husband passed away unexpectedly. If this experience taught me anything, it is important to have ALL of your legal forms. Life became complicated enough, but without his will and health directives, having access to financial institutions, his medical background, and business assets would have been unimaginable. As it was, I had to jump through so many hoops with legal docs.
After he passed, I updated my legal docs. My daughters mean the world to me. This is why it is important to me that they have the proper legal docs.
Why Should You Update Your Legal Docs
There are many reasons why you should update your legal docs. Reasons include:
- Death of the person in your will as a guardian or you are widowed
- Divorce or marriage
- A child reaching the age of eighteen
- Change in guardians, personal representatives, or trustees
- An increase or decrease in the value of your estate.
- Change of residency to a new state. State laws may have legal requirements for a will or guardianship.
- The passage of time. Legal documents should be reviewed every three to five years or if there is an important change in your life, such as the death of a spouse.
TBH, my daughters should have their legal docs created now that they are in their twenties.
What Are Your Legal Rights With An 18-Year-Old?
HaveUHeard that once your child reaches the age of 18, they are considered a legal adult. Without the proper legal forms, you do not have access to their financial, educational, and medical information. Hopefully, you will never need access, but you should have a plan in place just in case. Every adult 18 years or older should have these legal forms. It was not until my daughters were in college that I learned how crucial it is to have access.
- Health Power of Attorney Documents
- Finance Power of Attorney Documents
- HIPAA Release Form.
- Living Will
Mama Bear Legal Forms
Mama Bear was started by two best friends, Niel Nielson and Kelly Loneman. Niel is also a State and Trust Attorney. When their first daughters left for college, Niel recommended they both have a power of attorney just in case they had an accident and needed help. It wasn’t until three years later at a tennis banquet for one of Kelly’s triplets, that a doctor at their table told all of the parents the importance of having Power of Attorney documents for kids before they leave for college.
Based on current privacy laws, it is essential to have a POA signed so doctors like him can talk to parents if their adult children cannot speak for themselves.
Kelly and Niel had the idea of creating an easy way for parents to create these documents. The name idea, Mama Bear Legal Forms, came from Kelly’s wife. Within a few weeks, the company was up and running.
Get Your Legal Forms Executed
Creating or updating your will or vacation POA doesn’t take long or cost much. You can do it in 20 minutes from the comfort of your own home at a convenient time. And right now, you can save 20% with code Mamabear20 at checkout.
Mama Bear Legal Forms provides law firm quality, state-specific documents that are easy to create, simple to download, and incredibly affordable.
We’ve teamed up with Mama Bear Legal Forms to provide a Young Adult Power of Attorney package. The package includes Health Power of Attorney Documents, Finance Power of Attorney Documents, and HIPAA Release Form. The pandemic created a rush to update your legal forms. It most certainly lit a fire under me to revisit my forms. My adult daughters, like many, only need basic forms. Consult an attorney or a law firm for those requiring more extensive and detailed legal forms.
As someone widowed at a young age, having our legal forms in place gave me access that I may not have had in the event of a health emergency.
Of course, we all hope we will never need these forms. However, it is better to be safe than sorry.