3 Things to Do Before Your Graduate Leaves Prepping for an Empty Nest?
Solution on Pg. 4 Helpful Resources • Is your estate plan up to date? Ask us about our FREE estate planning checkup. Call our office or email Julie@MTOLaw.com.
you won’t have to do anymore. And the fridge will be fully stocked without ravenous teens emptying it regularly! But before you drop your child off at college or their new home, make sure they can manage laundry, cook basic meals, and keep a tidy space. Some basics to cover include the difference between hot and cold wash and how to make scrambled eggs. Make a Budget Living as a broke young adult is almost like a rite of passage to “real” adulthood, but you can make this experience easier just by opening that often taboo door and talking about money. Explain the processes or budgeting systems that work for your family and guide your child through their potential living expenses. Try test runs so they understand how much they will have to spend on necessities, like groceries, hygiene items, and gas. Pro Tip: Before your children take off, don’t forget to schedule one more dental appointment! A dentist can set up recurring appointments during breaks to ensure their oral health is never compromised.
Congratulations to parents sending their children off to college or “the real world” this year! Parenthood is not for the faint of heart — from toddler meltdowns to angsty teenage years, you might be counting down the days to an empty nest.
Yet, that doesn’t make your child moving off to college any easier.
• Don’t miss our upcoming estate planning and elder law workshops. Our website has our entire educational
Fear not, for you can help your child live more independently at college in many ways and give yourself peace of mind knowing that your baby is going to be fine. Prepare Legal Documents Once they turn 18, your child is no longer under your care — legally speaking. You can no longer make decisions for them, including medical decisions, should they become incapacitated and unable to make their own decisions. Connect with a trusted attorney to create medical and financial powers of attorney that give you these rights. ( Just consult with your child first before doing so!) Cover the Household Basics If there’s one thing to look forward to, it’s all the laundry
calendar for the year.
• Learn about estate planning and elder law topics in plain
English. Check out our Elder Care Whiteboard Videos at MichiganEstatePlans.com.
• Let us be your trusted advisor for all your legal matters. Do you need help with your financial goals, investment management, or retirement planning? Glenn has partnered with his personal financial advisor, Brad Jerome, to bring expert financial services to our clients. Brad meets with you right in our office — no cost, no obligation, and no pressure. Just an opportunity to discuss your goals with a top-notch financial advisor to see where your path might lead. You can reach Brad directly at 517.301.3070.
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MichiganEstatePlans.com • 888.487.6150
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