5 Essential Documents Every Young Adult Should Have
Turning 18 marks a significant milestone into adulthood, with new responsibilities and opportunities. To navigate adulthood with confidence, it’s important to ensure you have the right documents in place.
1. State ID Card or Driver’s License
Obtaining a state ID or driver’s license is often the first step towards independence. These documents are crucial for various activities, from opening bank accounts to renting apartments. In New Jersey, you can apply for a state ID through the New Jersey Motor Vehicles Commission (NJMVC), requiring proof of birth, Social Security, and residency.
2. Social Security Card
A Social Security number is vital for employment, government benefits, and tax filings. It’s crucial to safeguard this document to protect against identity theft. If your child doesn't have their card, apply for one through the Social Security Administration (SSA) by providing proof of birth and identity.
3. Healthcare Power of Attorney (POA)
A healthcare POA is vital in medical emergencies. It designates someone to make medical decisions on your behalf if you can’t do so. Choose someone who understands your medical preferences and discusses your wishes to ensure clarity. A healthcare POA can be created through an attorney or online legal services.
4. Advance Health Directive or Living Will
An advance directive outlines your preferences for medical treatment if you're incapacitated. This document covers decisions like life support and organ donation. Ensure your healthcare POA understands these preferences, which provides peace of mind during difficult times.
5. Financial Power of Attorney (POA)
A financial POA allows someone you trust to manage your financial affairs in case you're unable to. It’s essential to choose someone reliable and knowledgeable about finances. Consulting a legal professional ensures your financial POA is properly drafted.
Conclusion
Bonus Tip 1: HIPAA and FERPA Releases
A HIPAA release allows your parents access to medical information in case of an emergency. FERPA, for educational records, requires a signed consent for parents to access school records. Both releases help ensure communication during important situations.
Bonus Tip 2: Last Will and Testament
While not essential at 18, creating a will is a crucial step in estate planning. Even with limited assets, a will ensures your wishes are clear and can prevent disputes among loved ones.
By preparing these five documents, young adults will be better equipped to handle the responsibilities of adulthood.
All My Notary Solutions, officially situated in Jersey City and serving towns in Hudson and Essex counties and surrounding areas, has been assisting various New Jersey occupants and organizations with getting their documents authenticated. We offer 24/7 hours, holiday and weekend service, free for crisis early morning, evening and end of the week arrangements to assist you with your reports, so reach us any time with questions.
To talk about your legal official necessities:
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