Managing a Loved One's Money

Millions of Americans are managing money or property for a family member or friend who is unable to pay bills or make financial decisions. This can be overwhelming, but it's also a great opportunity to help someone they care about, and protect them from scams and exploitation.

The Consumer Financial Protection Bureau's (CFPB) Office of Financial Protection for Older Americans has released four easy-to-understand booklets to help financial caregivers. The Managing Someone Else's Money guides are for agents under powers of attorney, court-appointed guardians, trustees and government-benefit fiduciaries (Social Security representative payees and Veterans Affairs fiduciaries).

The guides help those serving as fiduciaries in three ways, they walk them through their duties, tell them how to watch out for scams and financial exploitation and what to do if their loved one is a victim, and tell them where to go for help.

The guides can be downloaded from the CFPB website at:
consumerfinance.gov/managing-someone-elses-money

Bradford Miller Law, P.C. can help you prepare all the legal estate planning documents you may need.  We will offer advice, and keep your estate plan current with the laws governing estate planning. At www.bradfordmillerlaw.com you can find helpful information regarding Estate Planning and information about our firm. Give us a call at (312) 238-9298 for a FREE 15-minute consultation.

Posted by Bradford Miller Law, P.C.
Practicing in Real Estate Law, Landlord Tenant Law and Estate Planning
134 N. LaSalle Street, Suite 1040
Chicago, Il 60602

Offering free legal representation to homeowners seeking a short sale

Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Chicago estate planning attorney, Estate Planning Lawyer, Chicago real estate attorney, Chicago real estate lawyer, Chicago building code violations, Chicago eviction attorney, Chicago Leases, Chicago real estate attorney fees. This is intended to be advertising. Please consult with an attorney before acting on any information given here.