It is that time of year, school is back in session. Many parents and many of our clients are sending their kids to college. At this point, something all parents should do is encourage their kids to get a power of attorney, its important.
We understand that this is not something on kid’s minds right now. But as parents, having a power of attorney in place usually prevents you from having to go to court to get permission to act as your child’s proxy. Which is both expensive and time consuming. A power of attorney that’s validly executed in the state in which an individual has full-time residency is usually honored across the U.S. But if a child attends school out of state, we recommend having your attorney contact an attorney where the school is located to confirm this.
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