It’s that time of year when many young people are flying the nest to start University or College or perhaps they are off on a gap year adventure.
You will have helped them prepare for their first steps towards independence but have you considered getting your young adult to complete lasting powers of attorney?
Lasting powers of attorney are often thought of as only relevant for the older generations but if your son or daughter needs you to access their bank accounts or to speak to an embassy on their behalf, you will be glad that you got them to draw up an LPA.
If they are involved in a medical emergency, you will have the authority to discuss the situation with doctors – being prepared is not morbid, it is sensible and if the LPA is ever needed it will save a great deal of stress.
Find out more about LPAs here