When you turn 18 years of age in the United States you become a legal adult. “What this means to each of us is the only individuals that can make financial or health care decisions for us are the individuals we legally appoint. Mommy and Daddy are no longer the legal guardians.” Attorney Linda Chamberlain with a wise reminder on why 18+ year olds need certain legal documents in place.
About Holly Donaldson, CFP®
Holly P. Donaldson, CFP® writes and consults on the psychology of money. Her fee-only, product-free financial planning practice focuses on increasing financial self-efficacy for those who would prefer a financial navigator to help them make good decisions. She is the author of The Mindful Money Mentality: How to Find Balance in Your Financial Future (Porchview Publishing, 2013) and publisher of the award-winning monthly e-letter, "The View From the Porch."
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