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Info on types of accounts, roles to have help managing finances

v3
v3 Member Posts: 185
100 Likes 100 Insightfuls Reactions 100 Comments 25 Care Reactions
Member

There is a good series of free downloadable guides on a US GOV website about being a trustee, court appointed. etc. Easy to understand .

https://www.consumerfinance.gov/consumer-tools/managing-someone-elses-money/

Comments

  • H1235
    H1235 Member Posts: 720
    500 Comments 100 Care Reactions 100 Likes Second Anniversary
    Member

    This is great resource. Thank you! I hope you don’t mind, but I added it to the new caregivers group. I wish I had seen this 2 years ago when I first became moms DPOA.

  • SusanB-dil
    SusanB-dil Member Posts: 1,317
    1000 Comments 100 Care Reactions Third Anniversary 100 Likes
    Member

    Wow - they do have a lot of info there.

    Thanks V3

  • sandwichone123
    sandwichone123 Member Posts: 845
    Fourth Anniversary 500 Comments 100 Care Reactions 100 Insightfuls Reactions
    Member

    People who find this information potentially useful may want to download rather than bookmarking it to assure they will have it later.

Commonly Used Abbreviations


DH = Dear Husband
DW= Dear Wife, Darling Wife
LO = Loved One
ES = Early Stage
EO = Early Onset
FTD = Frontotemporal Dementia
VD = Vascular Dementia
MC = Memory Care
AL = Assisted Living
POA = Power of Attorney
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