Page 3 - Van Wig & Associates Newsletter, Lakewood Edge ~ November & December 2019 Issue

trust assets

YOUR RIGHTS AS THE PARENT OF A YOUNG ADULT

s a parent, you are most making for your young adult
likely quite accustomed to child. Medical professionals have a
A managing the legal and responsibility to follow the Privacy
medical affairs of your children. If Rule of the Health Insurance
your child requires urgent medical Portability and Accountability Act
attention while away from you, a (HIPAA), which ensures medical
simple phone call authorizing care privacy protection for all adults.
usually can do the trick. But what In most states, there are three
happens when your “children” legal documents which can make all
turn 18 and need of urgent the difference when a medical crisis
medical attention far from home? strikes and your young adult child
When sending kids off to is far from home – Medical Power care and treatment when a child
college, it is important to consider of Attorney, HIPAA Authorization over 18 experiences a medical event SPOTLIGHT
the legal implications an accident or and Waiver, and Durable Power of while they are away at college,
medical emergency might have on Attorney. When utilized together, traveling, or living far from home.
your ability to stay informed and they can ensure a parent or trusted We’re here to help your family
participate in important decision adult be kept in the loop about establish the legal and medical
protections you all need to live the
lives you desire. In fact, when you
schedule and come in for a Family
Planning Session, we will create
at no-charge the legal documents
for your young adult child, as our
gift to you.
Call our office and mention
Deanny Lungu-Underwood, Esq.
this article to get scheduled. n
5320 E. 2nd Street, Suite 6,
Long Beach, CA 90803
This article is a service of T (562) 533-2022
Deanny Lungu-Underwood, deanny@lungulawgroup.com
Attorney at Law. www.lungulawgroup.com
LAKEWOOD MARKET UPDATE

MEDIAN LIST PRICE - 90712 REAL-TIME MARKET PROFILE
NEVER MISS IMPORTANT CHANGES IN THE LAKEWOOD MARKET

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

MARKET SEGMENTS Each segment below represents approximately
25% of the market ordered by price.
MEDIAN PRICE SQ. FT. LOT SIZE BEDS BATH AGE NEW ABSORBED DOM
$869,000 2,534 4,500 - 6,500 SQ FT 3 2 61 2 1 50
$649,900 1,679 4,500 - 6,500 SQ FT 3 0 67 1 2 42
$614,500 1,356 4,500 - 6,500 SQ FT 3 1 67 4 3 1
$570,000 1,357 4,500 - 6,500 SQ FT 3 1 68 2 1 28

MEDIAN LIST PRICE - 90713 REAL-TIME MARKET PROFILE
NEVER MISS IMPORTANT CHANGES IN THE LAKEWOOD MARKET

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
MARKET SEGMENTS Each segment below represents approximately
25% of the market ordered by price.
MEDIAN PRICE SQ. FT. LOT SIZE BEDS BATH AGE NEW ABSORBED DOM
$798,000 1,952 4,500 - 6,500 SQ FT 4 2 66 1 0 33
$709,900 1,960 4,500 - 6,500 SQ FT 4 2 67 0 1 57
$653,950 1,681 4,500 - 6,500 SQ FT 3 1 68 2 3 32
$589,250 1,358 4,500 - 6,500 SQ FT 3 1 65 1 5 57
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