Managing Someone Else's Money: Guidebooks for Financial Caregivers - consumerfinance.gov

To help financial caregivers, the Bureau of Consumer Financial Protection created the Managing Someone Else's Money guides. Order or download copies of the plain language guides at https://www.consumerfinance.gov/msem.Millions of Americans manage money or property for a loved one who's unable to pay bills or make financial decisions. This series of easy-to-understand guides offers versions tailored to the needs of people in four different fiduciary capacities:Agents under a power of attorney:https://www.consumerfinance.gov/consumer-tools/managing-someone-elses-money/#power-of-attorneyCourt-appointed guardians:https://www.consumerfinance.gov/consumer-tools/managing-someone-elses-money/#court-appointed-guardiansTrustees:https://www.consumerfinance.gov/consumer-tools/managing-someone-elses-money/#trusteesGovernment fiduciaries (Social Security representative payees and VA fiduciaries):https://www.consumerfinance.gov/consumer-tools/managing-someone-elses-money/#government-fiduciariesEach guide contains information on the fiduciary's responsibilities and tips on how to spot financial exploitation and avoid scams. Each guide also includes a "Where to go for help" section with a listing of relevant agencies and service providers. The Bureau also created state-specific guides for states with high populations of older adults. Download or order guides for Arizona, Florida, Georgia, Illinois, Oregon, and Virginia at: https://www.consumerfinance.gov/msemThe guides are not intended to provide legal advice or serve as a substitute for your own legal counsel.