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Planning for College-Age Children

College Student Essentials Plan

While we are all very excited for our children to graduate high school and go off to college, we are also concerned about the "what ifs".  You hear so many stories of tragedies on college campuses, and we're all confident that will never happen to our kids.  But because we love our children, and their health and well-being remains a top priority, we can't help but prepare for the unexpected.  What if something DID happen to your adult children?  Would you have the legal authority to help them, or would a bad situation become even worse because the proper documents were not in place? HIPAA Release Forms and Financial and Healthcare Powers of Attorney are essential for any child you are sending off to college.

The reality is that when your child turns 18, you no longer have authority over them, either personally or legally. Although the kids are excited to get a taste of independence, you know that YOU are the ones they will turn to in a pinch. That's why it's absolutely essential that, if the unexpected does happen, you are legally authorized to have access to the records necessary to help your kids. 

Did you know that those who violate HIPAA (the Health Insurance Portability and Accountability Act of 1996) are subject to civil and criminal penalties, including jail time?  This makes many institutions like colleges and hospitals reluctant to share protected health information without proper authorization.  That's why a properly prepared HIPPA Release is a sensible first step toward protecting your kids. Docubank's In-Case-of-Emergency (I.C.E.) HIPAA Release Registry will issue your son or daughter an I.C.E. card that they can carry with them so that they can receive the appropriate care and you can be notified as quickly as possible.  The I.C.E. card tells medical personnel how to obtain the student's HIPAA release (or other healthcare directives) on file with DocuBank. The hospital also sees a student's allergies and important medical conditions right on the card - so that medical professionals can provide the most appropriate treatment immediately.  Parents names and phone numbers appear right on the I.C.E. card as well, so that family can be contacted right away. And whenever a hospital uses the student's I.C.E. card to obtain the student's HIPAA release, the parent receives an immediate alert from DocuBank. This alert gives the parent the hospital's phone number so they can call directly and find out what's happening with their child.

A second step toward protecting your kids is obtaining a Healthcare Power of Attorney for them.  This document authorizes you to make any healthcare-related decisions for your college age child. It is crucial that they execute a healthcare power of attorney so that you understand their wishes, and can act on their behalf when they need you most.  

Step three:  A Special Durable Power of Attorney.  This authorizes you to manage your adult child's financial affairs either immediately or in the future. It authorizes you to handle tasks such as paying bills, applying for social security or government benefits and opening and closing accounts if necessary.  

Don't send your kids off to college without being prepared. You got them their refrigerator, microwave, books and computer.  Now make sure they also have their Student Essentials Plan. Our College Student Essentials Plan includes a HIPAA Release, Health Care Power of Attorney, Special Durable Power of Attorney, DocuBank I.C.E. (college student) Card, and Organ Donor Authorization (if desired). Breathe a little easier knowing that you can be there for them in the clutch, no matter how far away they are. Call today for pricing and to get your Student Essentials Plan in place before you realize you needed it. 

 

*SUMMER SPECIAL FOR ACE MEMBERS*

Right now we're offering an excellent value on the College Student Essentials Plan, exclusively for our ACE AdvantageTM Clients.  This plan includes:

  • HIPAA Release
  • Health Care Power of Attorney 
  • Special Durable Power of Attorney
  • DocuBank I.C.E. (college student) Card
  • Organ Donor Authorization (if desired) 

ACE AdvantageTM Clients receive an exclusive discount off of the traditional package price.  The first day of college is approaching fast, so make sure your college student is fully prepared and protected! Call our office at (215) 997-9773 for pricing and to get started.


HighPoint Law Offices assists clients with Estate Planning, Probate and Estate Administration, Medicaid Planning and IRA Preservation in Chalfont, Pennsylvania and surrounding areas including Bucks, Montgomery, Philadelphia, Lehigh, Monroe and Northampton Counties.



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200 Highpoint Drive, Suite 211, Chalfont, PA 18914
| Phone: 215-997-9773

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