Peace-of-Mind Pointers for Moms
What Does Mom Reall y Want? It can be hard to know what to get mom for Mother’s Day. But don’t stress! Mom just wants to know she’s appreciated and your gift comes from the heart.
WRITTEN BY CHRISTIE TOURNET
SCHOOL’S ALMOST OUT!
You are likely gearing up for summer vacations and planning for some much needed relaxation. Prior to vacationing, we provide a few reminders for achieving overall peace of mind for your family. A Power of Attorney for a Child in College. Once your child turns 18, you no longer have legal authority to manage the child’s financial or healthcare decisions. This remains true, even if you pay tuition, pay health insurance premiums, or claim the child as a dependent. But, a power of attorney in favor of a parent or another adult can provide considerable benefits if an unexpected event or an accident occurs, if healthcare decisions must be made, or if the child plans to travel or attend school abroad. Provisional Custody by Mandate. What if you are taking a business or spouse only trip, but need someone to care for your children, including providing permission for summer, cheer or sports camp, or registering the child for school or medical treatment? A provisional custody by mandate is a power of attorney of limited duration and basis. It provides another adult with legal authority to act on the child’s behalf. You do not have to go to court, but can quickly and cost effectively complete the document. Finish Your Will. A will permits you to appoint a tutor to continue to provide physical and emotional care for a child if both natural parents pre-decease a minor child. This appointment not only provides peace of mind, but it can alleviate chances for conflict with court appointment of a guardian. In addition, a will permits you to continue to insure, and control, your child’s financial well-being by establishing a testamentary trust and appointing a trustee.
Still need some ideas? Here are the things moms say they want most on Mother’s Day.
CANDY OR CHOCOLATE
2% Christie Tournet & Associates, LLC, provides estate planning, estate administration and commercial law services. The practice is located at 1795 W. Causeway Approach, Suite 103A in Mandeville. 985-951-2177, tournetlaw.com.
CLOTHING OR SHOES
Source: RetailMeNot Sophisticated Woman | May 2018 31