{"id":807,"date":"2015-08-19T15:24:56","date_gmt":"2015-08-19T15:24:56","guid":{"rendered":"http:\/\/dmatthewslaw.com\/?p=807"},"modified":"2024-04-26T10:49:25","modified_gmt":"2024-04-26T14:49:25","slug":"new-cfpb-guidebooks","status":"publish","type":"post","link":"https:\/\/dmatthewslaw.com\/new-cfpb-guidebooks\/","title":{"rendered":"New CFPB Guidebooks to Handling Someone Else&#8217;s Money"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"262\" height=\"66\" src=\"https:\/\/dmatthewslaw.com\/wp-content\/uploads\/2024\/02\/CFPBlogo.png\" alt=\"Consumer Finance Protection\" class=\"wp-image-10462\"\/><\/figure><\/div>\n\n\n<p>When handling someone else\u2019s money, it is important to know how to manage the money and property properly. Previously I\u2019ve written about some very helpful guidelines published by the Consumer Finance Protection Bureau (CFPB) for an agent under a power of attorney, conservator (guardian) appointed by the court, trustee, or a government fiduciary.<\/p>\n\n\n\n<p>The CFPB has just released <a href=\"http:\/\/www.consumerfinance.gov\/blog\/managing-someone-elses-money-virginia\/\" target=\"_blank\" rel=\"noopener noreferrer\">new versions of these guidelines<\/a> that are specific to Virginia.<\/p>\n\n\n\n<p>My fellow members of the <a href=\"https:\/\/www.naela.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">National Academy of Elder Law Attorneys<\/a> contributed to these Virginia guides. (Ones for Arizona, Florida, Georgia, Illinois, and Oregon will follow.)<\/p>\n\n\n\n<p>The Virginia guidebooks are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/files.consumerfinance.gov\/f\/201508_cfpb_mesm-help-for-agents-under-power-of-attorney-in-virginia.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Agents under powers of attorney<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/files.consumerfinance.gov\/f\/201508_cfpb_mesm-help-for-court-appointed-conservators-in-virginia.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Court-appointed Conservators (guardians of the property) <\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/files.consumerfinance.gov\/f\/201508_cfpb_mesm-help-for-trustees-under-a-revocable-living-trust-in-virginia.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Trustees of revocable trusts<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/files.consumerfinance.gov\/f\/201508_cfpb_mesm-help-for-representative-payees-and-va-fiduciaries-in-virginia.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Government fiduciaries &#8211; Social Security representative payees and VA fiduciaries<\/a><\/li>\n<\/ul>\n\n\n\n<p>For all other states, the guides are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/files.consumerfinance.gov\/f\/201310_cfpb_lay_fiduciary_guides_agents.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Agents under powers of attorney<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/files.consumerfinance.gov\/f\/201310_cfpb_lay_fiduciary_guides_guardians.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Court-appointed guardians and conservators (guardians of the property)<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/files.consumerfinance.gov\/f\/201310_cfpb_lay_fiduciary_guides_trustees.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Trustees of revocable trusts<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/files.consumerfinance.gov\/f\/201310_cfpb_lay_fiduciary_guides_representative.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Government fiduciaries &#8211; Social Security representative payees and VA fiduciaries<\/a><\/li>\n<\/ul>\n\n\n\n<p>If you are acting as an agent or financial caregiver, these guidelines will provide basic information to help you properly manage someone else\u2019s property. For specific information, contact a lawyer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When handling someone else\u2019s money, it is important to know how to manage the money and property properly. Previously I\u2019ve written about some very helpful guidelines published by the Consumer Finance Protection Bureau (CFPB) for an agent under a power of attorney, conservator (guardian) appointed by the court, trustee, or a government fiduciary. The CFPB [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":10462,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[14],"tags":[69,76,77,169,170,226,260,278,319],"class_list":{"0":"post-807","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-money","8":"tag-cfpb","9":"tag-conservator","10":"tag-consumer-finance-protection-brueau","11":"tag-government-fiduciary","12":"tag-guardian","13":"tag-national-academy-of-elder-law-attorneys","14":"tag-powers-of-attorney","15":"tag-revocable-trusts","16":"tag-trustees","17":"entry"},"aioseo_notices":[],"featured_image_src":"https:\/\/dmatthewslaw.com\/wp-content\/uploads\/2024\/02\/CFPBlogo.png","featured_image_src_square":"https:\/\/dmatthewslaw.com\/wp-content\/uploads\/2024\/02\/CFPBlogo.png","author_info":{"display_name":"D Matthews Law","author_link":"https:\/\/dmatthewslaw.com\/author\/dmamdm\/"},"_links":{"self":[{"href":"https:\/\/dmatthewslaw.com\/wp-json\/wp\/v2\/posts\/807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dmatthewslaw.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dmatthewslaw.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dmatthewslaw.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dmatthewslaw.com\/wp-json\/wp\/v2\/comments?post=807"}],"version-history":[{"count":2,"href":"https:\/\/dmatthewslaw.com\/wp-json\/wp\/v2\/posts\/807\/revisions"}],"predecessor-version":[{"id":10636,"href":"https:\/\/dmatthewslaw.com\/wp-json\/wp\/v2\/posts\/807\/revisions\/10636"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dmatthewslaw.com\/wp-json\/wp\/v2\/media\/10462"}],"wp:attachment":[{"href":"https:\/\/dmatthewslaw.com\/wp-json\/wp\/v2\/media?parent=807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dmatthewslaw.com\/wp-json\/wp\/v2\/categories?post=807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dmatthewslaw.com\/wp-json\/wp\/v2\/tags?post=807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}