Don’t Fail to Plan: Estate Planning for College Success
Why College Students Need an Estate Plan
Estate planning might seem like a concern reserved for older individuals or those with significant assets, but it’s just as crucial for college students. As young adults navigate their newfound independence and take on financial responsibilities, they also encounter new risks. An estate plan ensures that in case of unexpected events, your wishes are honored, your healthcare decisions are made according to your preferences, and your assets are managed as you intend. For students living away from home, studying abroad, or engaging in high-risk activities, having an estate plan provides essential peace of mind and legal protection.
Beatriz Figueroa
Mark was able to assist my family and I on a will & trust. We were educated regarding the topic and that’s thanks to Mark and his amazing team. I cannot recommend them highly enough.
Key Estate Planning Documents for College Students
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Last Will & Testament:
- Directs how your personal belongings and assets will be distributed.
- Appoints someone to manage your estate and care for any dependents if necessary.
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Power of Attorney:
- Designates an individual to handle your financial matters if you’re unable to.
- Facilitates the management of your bank accounts, bills, and other financial tasks.
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HIPAA Authorization:
- Allows access to your medical records and information by trusted individuals.
- Ensures family members or chosen contacts can make informed decisions about your care.
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Health Care Proxy:
- Appoints someone to make medical decisions on your behalf if you are temporarily or permanently incapacitated.
- Guarantees that your healthcare preferences are followed even if you cannot communicate them.
Take Action Now
MontanaroLaw is committed to addressing the estate planning needs of college students. We are offering our comprehensive Student Estate Planning* package, at an extensive discount. Receive a complete estate plan, including a Last Will & Testament, Power of Attorney, HIPAA authorization, and Health Care Proxy. Be sure to take advantage of this opportunity to secure your future at a significantly reduced cost.
Contact us today at (516) 203-1700 to schedule your strategy session and ensure your estate planning is managed with the utmost care and professionalism.
*qualifications/restrictions may apply
