My children aren’t even of school age and I’m being bombarded with back to school information. And if you have a child under the age of 22, you probably know in Missouri there’s no sales tax this upcoming weekend (Aug 3rd to 5th) on back-to-school purchases. It’s already that time of year when parents are preparing to send their children back to the classroom. But if your children are heading off to college, decorating and supplying a dorm room might not be the only thing you need to think about.
According to federal laws, once a child turns 18, parents no longer have the ability to make decisions or even access information about the child. So, for those parents, I strongly recommend financial and medical powers of attorneys.
Properly executed powers of attorneys will give parents access to their children’s medical records and also information from the school that the child may not otherwise disclose.
So as you prepare to send your children back to school this year, if your children are college bound, perhaps consider asking them to execute a power of attorney.