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Armando Patino, LUTCF®, FSCP®

Financial Advisor

 

Prudential Advisors

1 Tower Center Blvd, 16th Floor

East Brunswick, NJ 08816

 

Phone: 908-368-1588

Cell:     201-290-1941

 

Email: armando.patino@prudential.com

Website: www.prudential.com/advisor/armando-patino

May/June 2024

A Different Graduation Gift

Graduation Gift

Are you sending your new high school graduate off to college this fall, or do they have travel plans for the summer? Be sure to send them with medical and financial powers of attorney (POAs).


Why? Without a medical POA, if your adult child is hurt in an automobile or other accident, a hospital can’t legally give you any information about their condition. The staff can’t let you make important financial or medical decisions for your child.


With a financial POA, your student can authorize you to handle their financial transactions. As their agent, you can pay their bills from their accounts, file tax returns, monitor investments, deposit checks, and handle other transactions. No sending documents back and forth for the student’s signature. Your legal professional can execute POAs for your child.

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