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Managing Someone Else's Money Guides

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By: Consumer Financial Protection Bureau

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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.
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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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