
Estate Planning for College Students, Lancaster PA
Are you a Lancaster, PA parent with a future college student? Or perhaps, you are that college student planning to head off to college this fall. Then you’ve come to the right place! This isn’t just about grades and graduation; it’s about peace of mind knowing your affairs are in order.
Think about this…college is a time of incredible growth and opportunity. But it’s also a time when unexpected events can happen. A sudden illness, an accident…these are things nobody wants to think about, but preparing for them is an act of love and responsibility. Estate planning is proactive care, ensuring your wishes are respected and your loved ones have peace of mind.
What Estate Planning Documents Does A College Student Need?
Many believe that estate planning is only for those with families or the wealthy. This is a dangerous misconception. A carefully planned estate, even a simple one, can protect your assets, ensure your voice is heard and give peace of mind to you and your loved ones as you begin this new and exciting chapter of your life. Here’s what you should consider:
Last Will and Testament: This fundamental document dictates how your assets (from savings accounts to personal belongings) will be distributed after your passing. Without one, the state decides, potentially leading to unintended consequences for your family.
Durable Power of Attorney: This document authorizes someone to make decisions on your behalf. It’s important to choose the right person and ensure your wishes are clearly documented.
Advance Healthcare Directive: A Healthcare Directive consists of two pieces: a Healthcare Power of Attorney and a Living Will. The Healthcare Power of Attorney outlines your preferences for medical treatment in situations where you’re unable to communicate and the Living Will portion becomes effective in end-of-life circumstances such as an advanced incurable disease or persistent vegetative state with no chance of recovery.
HIPPA Authorization: This document allows your chosen person access to your medical records, ensuring seamless communication and coordination of care if needed. It’s a simple, but vital document often overlooked.
Preparation of Estate Planning Documents:
Diem Notary cannot prepare legal documents or offer legal advice. However, we have an extensive network of attorneys in the Lancaster, PA and the surrounding area that can help you prepare the documents you need.
There are also many online services where you can prepare the documents yourself if you are on a strict budget. Legal Zoom is one place that I can recommend, however, I caution you that when using an online service and “doing it alone” to save money. It is my recommendation that you speak with an attorney to ensure your documents are prepared correctly and your wishes are clearly documented. More information can be found on the Pennsylvania Bar Association’s website about estate planning.
Why Choose Mobile Notary Services for your Estate Planning Documents?
We understand preparing for college life is busy! There’s lot of preparation and little time for those administrative tasks. Our mobile notary service eliminates the hassle of travel and scheduling appointments around your already packed schedule.
We’re available at a time and place that is convenient to you. We bring the expertise and professionalism directly to you, making the entire process as efficient and stress-free as possible.
Don’t wait until it’s too late. Be sure to leave for college knowing that you have your estate plan in place. We’ll guide your through the process, refer you to the best method of having your documents prepared, and answer any questions that you may have.
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