If you have a college-aged child, estate planning is probably the last thing on your mind. However, estate planning isn’t just for the wealthy and aging. It also includes provisions for while you’re still alive, and everyone can benefit from having a plan in place if they’re no longer able to care for themselves or make important decisions. For example designating someone who can make healthcare-related decisions on their behalf if they’re unable to can be a helpful—and potentially necessary—first step in estate planning that benefits both the student and their family.
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