Considering a Financial Caregiver? Know Your Options

Free to International Foundation and ISCEBS members

Financial caregiving involves assisting others in managing their money when necessary due to their advanced age, health condition or declining cognition. The Consumer Financial Protection Bureau (CFPB) will share information designed to aid those who are starting to notice that a loved one may need help managing their finances as well as those who are planning for their own financial future. Knowing these options will help attendees to navigate what may work best in any given situation.

The presentation will discuss guardianship, power of attorney, trusted contacts and more.

Takeaways include:

• A better understanding of the different types of caregivers as well as factors to consider when choosing a financial caregiver

• The differences between formal and informal financial caregiving options

• Resources to help determine who may be the best person to choose as a financial caregiver.