Spring has finally arrived in MidCoast Maine. I enjoy seeing the grass turn green and the Windjammers unwrapping in the harbor. My son, Adam, is coming home. He just finished his first year in college. I am excited to have him back. Adam has a summer job all lined up and is anxious to see his Camden Hills friends. My daughter, Hope, is preparing for her first year in college. She will attend St. John's University in Queen's New York in the fall - where my father went to law school! My youngest, Jesse Jr., has one more year in high school until he also leaves the nest.
There are many milestones in life. As we transition into the new phases, it is important to notice how our planning priorities change. Different planning is needed at every stage. When your family is young, estate planning focuses on naming guardians for your children, when they turn 18 it is important to have the written authority to make emergency medical decisions or look at their grades in college. As your children mature and leave, you may be dealing with an aging parent. I am personally navigating life with a parent with dementia. There are ways to have peace of mind as you move forward.
The education we give our children does not stop as they leave the nest. Letting them see the plans we make to protect ourselves and our family from bumps in the road is important. Installing good planning habits in our young adults is priceless.
In this newsletter I address:
- Helping Families Deal with Dementia.
- How parents can help college age students get legal help.
- Count down to our Mother's Day Giveaway!
Jesse F. Bifulco, Esq.