Adulthood

Did you know that you are no longer the legal guardian of your 18-year-old son or daughter?  Eighteen is the age of majority in Texas, meaning that at age 18, young adults are presumed competent to make decisions about health care, finances, and other important areas of life. What does that mean for your child graduating from high school?  For one thing, it means that you are not able to...

Boomerang Kids Transitioning Your Adult Child   Here is the kindest, wisest and most merciful action you can take towards your adult able-bodied children who are still living with you and getting free room and board:  kick them out.  Really, people.  Enough is enough.   The phenomenon of free-loading adult kids is so prevalent – Pew Research Center says that 33% of Americans aged 25-29 are living with their parents – that there are even...

Many families are blessed with a child (or adult) who happens to have a disability. There is obviously some concern regarding that loved one’s care and standard of living once a parent or other caregiver is no longer able to provide for them. SSI and Medicaid Supplemental Security Income (SSI) and Medicaid can help, but they are limited and require the disabled person to have very depressed levels of assets and...