Tag Archive for age 18

Does Your Estate Plan Suit Your Life Stage?

What you need for an estate plan varies with each life stage or milestone. Here are some examples of estate plan considerations for Minnesotans at various ages and life stages/milestones:

Age 18: If you are a young adult you should have a Health Care Directive and Durable Power of Attorney because incapacity can strike at any time. The Health Care Directive will enable your hand-picked agent to make decisions regarding your body, and the Durable Power of Attorney will enable your hand-picked representative to handle your financial affairs. » Read more..

The Legal Joys and Pitfalls of Turning Age 18 in Minnesota

Minnesota residents turning age 18 reap certain benefits of legally becoming an adult, while also taking on new responsibilities.

Minnesota law defines a “minor” as someone under age 18, and an “adult” as someone age 18 or older. The terms “legal age” and “age of majority” also mean age 18 in Minnesota.

An 18-year-old in Minnesota may get a tattoo, choose where he or she wants to live, obtain a license to be an auctioneer, and vote if citizen, residency and certain other requirements are met. » Read more..