Estate Attorney Merrell Bailey Announces Financial Literacy Initiative to Educate Young Adults about Essential Legal Documents
ORLANDO, Fla., April 1, 2015 /PRNewswire/ -- Estate attorney Mary Merrell Bailey of Your Caring Law Firm located in Maitland, FL, today announced that, in conjunction with celebrating April as Financial Literacy Month, her firm will participate in an outreach program to educate older teens and young adults about essential legal documents.
As a member of the board of trustees for the National Endowment for Financial Education, Bailey is committed to spreading awareness of the fact that financially informed individuals are better able to take control of their circumstances, improve their quality of life, and ensure a more stable future for themselves and their families.
"As high school seniors turn 18 and prepare to leave home, they cross over the threshold into legal adult territory where all the rules have changed and parents have very little authority," said Bailey. "No mother wants to imagine her child suffering a medical emergency and being denied information about her child's condition due to privacy laws. But the reality is that once a teen reaches the age of majority--18 in most states--parents no longer are considered that child's legal representative and are not entitled to see their child's medical and financial records."
During the month of April, Bailey's firm will be participating in a series of financial literacy activities to broaden awareness of the need for young adults to have three essential legal documents: a durable power of attorney, a healthcare power of attorney, and a living will.
Bailey's financial capability campaign will commence with a series of mailing campaigns, speaking engagements, and educational workshops. She will be urging educators and professional advisors to help spread the word by passing along to their respective clients, associates, and friends a fact sheet explaining why those who turn 18 years of age need essential legal documents. As a tool to facilitate the information sharing, Bailey's firm has prepared a document entitled "Three Essential Legal Documents for Older Teens and Young Adults." The fact sheet will be made available as handouts at a variety of events and may also be downloaded through this link.
About Mary Merrell Bailey, Esq., Founder of Your Caring Law Firm
Your Caring Law Firm is a boutique law firm founded by Mary Merrell Bailey Esq. CPA MBA MSTaxation MSAccounting, and Hallie Zobel, Esq. Located in Maitland, FL, a suburb of Orlando, the firm offers probate, wills, trusts, guardianship, and estate planning services to clients throughout the Central Florida region. With deep roots in the community, Your Caring Law Firm prides itself on its ability to deliver a rare combination of sophisticated legal advice that draws upon sound business, tax and accounting knowledge, while providing a caring, attentive environment for clients to make some of the most important decisions of their lives. For more information, visit www.YourCaringLawFirm.com.
SOURCE Your Caring Law Firm
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