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my son just turned 18. if you have a child who has docHubed the age of 18 theres some things that you need to know beginning with the fact that they now are responsible for their own health care and medical decisions and for their property and if something happens to them i mean theyre incapacitated for any reason you as the parent do not automatically have any kind of authority to be able to step in and take over and help manage their affairs which is why its really important to sit down with your adult children and talk with them about three important documents that they need as responsible adults the first document were going to talk about today is whats called a statutory durable power of attorney i like to think of this document as really the one that allows you to make financial decisions so with this document your child can designate you as an agent so that if something happens you can step in and take over their financial accounts you can help make important decisions about