Your baby is all grown up and headed for college. Can you still legally help your child when they need it?

October 1st is the start date for college students looking for financial aid and students who apply early are more likely to receive more money than their friends who stall. While parents are always willing to do anything to help their children succeed, after age 18 you are unable to act on their behalf on financial transactions and healthcare decisions. Is your child set up with a POA and a healthcare directive? other topics include:

• Does infinite banking work?
• Cash value life insurance policies
• HSA accounts

 

 

Email your money question to [e-mail] , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.