Title

Managing Someone Else's Money Guides

Author

By: Consumer Financial Protection Bureau

Description
Learn about your rights and responsibilities when you have a Power of Attorney for someone else. Find tips for spotting exploitation, avoiding scams, and finding help from federal agencies.
Resource Information

Consumer Financial Protection Bureau

Millions of Americans are managing money or property for a loved one who is unable to pay bills or make financial decisions. This can be very overwhelming. But, it’s also a great opportunity to help someone you care about, and protect them from scams and fraud. Find information about Power of Attorney, Court-Appointed Guardians, Trustees, and Government Fiduciaries (i.e. Social Security Payees).

The guides help you to be a financial caregiver in three ways:

  • They walk you through your duties.
  • They tell you how to watch out for scams and financial exploitation, and what to do if your loved one is a victim.
  • They tell you where you can go for help.
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