Mary Kennedy

Turning eighteen is more than another important birthday: it marks when a child becomes a legal adult and new legal considerations for parents and children arise. In most circumstances, parents of college-aged children are no longer authorized to obtain information about their child’s medical care, educational records or finances.

Artificial intelligence tools can seem like a convenient shortcut to estate planning. They are fast, inexpensive, and the documents they produce look convincing. But these tools carry significant risks that may not become apparent until it is too late to correct them. Estate Planning Is More Than Documents Estate planning is not just paperwork. It is a process.

When you create an estate plan, it reflects your goals and wishes at that moment in time. Undoubtedly, life brings changes, and your estate plan should evolve with it. For example, the beneficiary you named when you first opened a retirement account may no longer reflect your current wishes, or a will drafted before your children were born may not account for your growing family.