Why read this guide?
Like many people, you may never have been a conservator of someone else’s property before. That’s why we created Managing someone else’s money: Help for court-appointed conservators in Michigan This guide will help you understand what you can and cannot do in your role as a court-appointed conservator. In this role, you are a fiduciary.
For this guide, a fiduciary is a legal term. It is anyone named to manage money or property for someone else according to the law. The law has many rules saying what the fiduciary can do, may do, or absolutely cannot do with the money or property. The legal rules come from statutes, court decisions and agency rules and regulations.
Because the rules about fiduciaries are very complicated, this guide has only brief tips to help you avoid problems, and to give you resources for finding more information. This guide does not provide legal advice.
This guide is for family and friends serving as a court-appointed conservator, not for professionals or organizations. This guide does not teach you how to become a court-appointed conservator.
You should talk to a lawyer if you have questions about the legal rules and your role as a fiduciary.
Let’s start with a scenario about how you might have become a conservator.
Your family member or friend may not be able to make sound decisions about his money or property. For this guide, let’s call him “Martin.” After a hearing, the court has appointed you conservator of Martin’s property. “Conservators” are agents who manage the financial and/or business affairs of people who cannot do it for themselves. You now have the duty and specific power to make decisions about Martin’s money and property.
If you are appointed conservator of Martin’s property, the court has given you a lot of responsibility. You are responsible for the care and management of his money and property. In Michigan, the conservator must take reasonable care of Martin’s possessions (house, land, vehicles, furniture and other real or personal property).
Under Michigan law “reasonable care” includes protecting and preserving assets, it may involve selling Marvin’s property. If Marvin is mentally or physically incapacitated, he may be especially vulnerable to financial abuse. As his conservator, you are bound to manage Marvin’s property to promote his best interest. If you think it is in Marvin’s best interest to sell or otherwise dispose of his property you must obtain court permission to do this.
As a conservator you are now a fiduciary with fiduciary duties.
Four basic types of rules for a fiduciary
What is a fiduciary?
Since you have been named to manage money or property for someone else, you are a fiduciary. The law requires you to manage Martin’s money for HIS benefit, not yours. It does not matter if you are managing a lot of his money or a little. It does not matter if you are a family member or not.
The role of the fiduciary is a serious one with strict rules. Judges or agencies or even the police can make sure you follow the rules. Breaking the rules could mean you are removed from your role, have to repay money, and/or even go to jail.
When you act as a fiduciary for Martin, the rules fall into four basic types:
- Rules about making you act only in Martin’s best interest.
- Rules about carefully managing Martin’s money and property.
- Rules about keeping Martin’s money and property separate from your money and property.
- Rules about keeping good records.
REMEMBER: IT’S NOT YOUR MONEY!
Different types of fiduciaries exist
In your role as a conservator, you may act as or deal with other types of fiduciaries. These may include:
Trustees under a revocable living trust—someone names them to manage money and property.
Representative payees or, for veterans, VA fiduciaries—a government agency names them to manage government money that is paid to an incapacitated person.
Agents under a power of attorney—someone names an agent to manage their money and property as directed.
Other guides explaining the duties of these fiduciaries are at: www.consumerfinance.gov/managing-someone-elses-money.
What is a conservator?
A conservator is someone the court names to manage money and property for someone the court has found cannot manage it alone or at all.
Sometimes a conservator is also appointed as guardian. A guardian makes Martin’s health care and other personal decisions. Sometimes a different person is appointed to be the guardian, or Martin himself may still be able to make these personal decisions.
This guide only covers duties of the court-appointed conservator. Terms can differ. In the rest of the guide we use conservator, but it means the same thing as court-appointed conservator.
In Michigan, Martin’s money and property is called his estate.
*A person under conservatorship may be called a ward, or an incapacitated, dependent, disabled or protected person.
What are your responsibilities as a conservator?
As conservator you have a double duty—both to Martin, the person you are serving, and to the court.
Duty to Martin
You must always keep Martin’s best interests in mind. In managing his money, you must act for his good and not for your own good. As much as possible, involve Martin in making decisions.
Duty to the Court
You are an agent of the court. The court has trusted you to carry out your duties. You are accountable for your actions and must report to the court regularly, and be ready to answer any questions about managing Martin’s money or property.
When do your responsibilities end?
Your responsibilities as Martin’s conservator last until the court relieves you of your duties. The court may do this because someone else has been appointed conservator, Martin has died, or Martin no longer needs a conservator.
Don’t expect others to know what a conservator is or does.
They may not understand that you have been appointed by the court. They may think you have more authority or less authority than you really have. You may need to educate them. You could show them this guide and a copy of the court order appointing you because the court order should detail your authority.
Four basic types of rules for a fiduciary
1 | Rules about making you act only in Martin’s best interest.
Because you are dealing with Martin’s money and property, your duty is to make decisions that are best for him. This means you must ignore your own interests and needs, or the interests and needs of other people.
To help act in Martin’s best interest, follow these guidelines:
- Read the court order. In Michigan, your powers and duties as Martin’s conservator are reduced to a written directive – the court order. A conservator possesses only the powers granted by the court and is only subject to the duties imposed by court order. Some court orders may be specific, while others may be very general. Read the court order closely, and talk to a lawyer if you don’t understand it.
- In Michigan, the ward is entitled to legal representation, particularly where there is a need to sell or transfer real property (house or land). Ask questions and learn all you can about what you should do—and what you should not do.
- Do what the court order says—and don’t do what it says you should not do. A conservator is limited to the specific authority granted and duties imposed by court order. It is important that you not act beyond what the court order allows, and that you carry out the basic tasks necessary to obey the order. Your powers may be limited to certain actions or certain amounts of money. You may need to get the court to approve other actions. Even if you have the best intentions, follow the court order.
- As much as possible, involve Martin in decisions. Many things can affect your decisions. For example, you might feel pressure from others. Martin’s abilities to make decisions might change from time to time, or maybe Martin was never able to make decisions about his money and property. Consider these three steps:
- First, ask Martin what he wants. Michigan law says you have to ask Martin what he wants if you can. He may be able to decide some things. If so, take this into account, especially if it is similar to his thinking in the past and the risk of harm to him is measured. For example, if Martin wants to handle money, see if he can manage a small bank account or a monthly cash allowance. Doing this will let him oversee a set amount, and you will limit the risk to that amount. As conservator, it is your responsibility to protect Martin’s estate.
- Second, try to find out what Martin would have wanted. Look at any past decisions, actions, and statements. Find as much information as you can. Ask people who care about Martin what they think he would have wanted. Make the decision you think that Martin would have made, unless doing so would harm him.
- Third, do what you think is best for Martin. If you have looked hard and still don’t know what Martin would have wanted—or if he could never make decisions about money and property—use your judgment about what is best. Put Martin’s well-being above saving money for others who may inherit his money and property. Make sure that he is safe and comfortable, and his needs are met.
- Avoid conflicts of interest. A conflict of interest happens if you make a decision about Martin’s property that may benefit someone else at Martin’s expense. Because you were appointed by the court, you have a strict duty to avoid conflicts of interest—or even the appearance of a conflict of interest. Try to keep an “arm’s length distance” between your interests and any use of Martin’s money or property.
- Don’t borrow, loan, or give Martin’s money to yourself or others. Even if the court order clearly allows gifts to you or others, BE VERY CAREFUL. Usually, the court must approve gifts or loans. For example, if Martin gave money every year to a charity, the court may allow you to continue doing that.
- Avoid changing Martin’s plans for giving away his money or property when he dies. There may be rare situations when changing Martin’s plans is in his best interest. But you should get legal advice and approval from the court before you do anything.
- Don’t pay yourself for the time you spend acting as Martin’s conservator, unless the court allows you to do so. If you are allowed to pay yourself, get legal advice, check with the court, and carefully document how much time you spend and what you do.
To avoid any surprises or misunderstandings and help promote independence for the ward, tell them about your fees when you begin your duties as a conservator. If you charge fees, they should be reasonable. Don’t charge for things you do that are not specifically for the ward. For instance, don’t charge fees if you shop for Martin or personally make home repairs. If necessary, you can pay someone else at a lower rate for these tasks and document the expenses.
Avoid possible conflicts of interest
Sometimes people have good intentions, but do things they shouldn’t. Because you are now a fiduciary, you should avoid even the appearance of any conflicts. Here are a few examples of possible conflicts of interest:
Whose car is it?
You used Martin’s money to buy a car. You use it to drive him to appointments, but most of the time you drive the car just for your own needs. This may be a conflict of interest.
Should you do business with family?
Martin needs repair work in his apartment. You hire your son and pay him from Martin’s money. This may be a conflict of interest, even though the work was needed. It appears that you have put your personal interest to benefit your son in conflict with Martin’s interests.
2 | Rules about carefully managing Martin’s money and property.
As Martin’s conservator, you might pay bills, oversee bank accounts, or pay for things he needs. You might also make investments, pay taxes, collect rent or unpaid debts, get insurance if needed, cancel any unneeded insurance, and do other things in the court order. As a conservator, your authority is often limited to financial decisions specified by the court. It is always important to work with Martin or any other decision makers on choices important to Martin.
You have a duty to manage Martin’s money and property very carefully. Use good judgment and common sense. As a fiduciary, you must be even more careful with Martin’s money than you might be with your own!
Follow these guidelines strictly according to the court’s procedures:
- Make an inventory. To make careful decisions, you need to know what Martin owns and what he owes. To make a proper inventory, you must find and list for the court all of Martin’s income and property, as well as any debts or legal claims against his properties (called liens). The court may give you a form and a deadline for making the inventory. To avoid any risk to Martin’s money and property, you must make the inventory as quickly as possible. An inventory may include all kinds of property. Your list might include:
- Checking and savings accounts;
- Pension, retirement, annuity, rental, public benefit, or other income;
- Real estate;
- Cars and other vehicles;
- Insurance policies;
- Trusts for which Martin is a beneficiary;
- Stocks and bonds;
- Jewelry, furniture, and any other items of value; and
- Unpaid credit card bills and other outstanding loans.
- File the inventory with the court. Keep a copy of the inventory for your records and file it with the court by the due date. Be ready to share it with family listed with the court as interested parties. Michigan does not require a lawyer to prepare or sign an inventory. In Michigan, within 56 days after your appointment or another time period directed by the court, a conservator must file a complete inventory of the estate. The conservator must keep suitable records concerning the administration of Martin’s estate and provide the records on the request of an interested party.
- The court may require you to buy a bond. Depending on the size of the estate and other factors, the court may require you to buy a bond. A bond is a special type of insurance policy so the court can make sure you carry out your duties. If you fail in your duties and, as a result, money is lost or stolen, the bonding company will pay the money back. Then the company will try to collect the money from you. The cost of the bond may be payable from Martin’s money. Ask a lawyer or the court staff whether you may use Martin’s money to cover this expense.
Only people with good financial records and credit histories can get a bond. If you have had a bankruptcy, are unemployed, or have little money, it will be more difficult to get a bond. Try to check this before you are appointed as conservator or as soon as possible. Take all steps the court advises about getting a bond.
Sometimes, instead of requiring a bond, the court will limit the amount of funds you can take out of Martin’s account. This is called a restricted account. The court will tell the bank to block the account above a certain amount. If you want to spend more than that amount, you must get the court to approve the expense.
- Protect Martin’s property. Keep his money and property safe. Have Martin’s income and bills sent to you. Put his valuable items in safe deposit boxes and lock other items he is not using in storage. Keep Martin’s cash in bank accounts that earn interest if possible and that have low or no fees. Review bank and other financial statements promptly. If Martin will not be living in his home, consider changing the locks. Figure out if the house should be rented, or how to keep it safe if it is vacant. If Martin rented an apartment and will be moving, tell the landlord, remove his things, and have the apartment cleaned.
- Make a budget. Make a budget as if you were making one for your own household. List how much you expect to pay for a nursing home, assisted living or home care, rent, food, medical care, and home maintenance or repair. Be sure to include a monthly allowance for Martin to use as he pleases. Think about any special expenses that may arise, such as dental work or any medical care or equipment that Medicare, Medicaid, or other health insurance will not cover. Try to stick to your budget. If something very costly occurs, you may need the court to approve the expense.
- Invest carefully. If you are making investments for Martin, talk to a financial professional for guidance. The Securities and Exchange Commission (SEC) provides tips on choosing a financial professional at www.sec.gov/investor/alerts/ib_top_tips.pdf. Discuss your choices and goals for making prudent investments based on Martin’s needs and personal values.
- Pay bills and taxes on time.
- Cancel any insurance policies that Martin does not need.
- Collect debts. Find out if anyone owes Martin money, and try to collect it.
- There’s no place like home. Michigan law requires court approval to sell Martin’s real estate.
Martin may want to continue to live in the home he owns or rents. In that case, take these steps:
Determine if living in his home is safe, and if Martin can manage in the house. If needed, put in guard rails, grab bars, smoke detectors, extra lighting, and other things to help him stay at home. Tax credits or deductions might be available if you make the home easier to live in. You may need to work with others who have authority over the ward to make decisions involving his property.
If it is not safe to live at home even with changes—or if Martin wants to move—consider other places that meet Martin’s needs. Try to keep him connected to people and things important to him. Choices might be living with someone else, or living in a retirement community, a senior apartment, group home, assisted living, or nursing home. You may need court approval for a move.
Tips for making an inventory
Don’t leave anything out. Even if you know Martin wants you to have certain things and says so in his will, list them in the inventory. A proper inventory lists everything according to the court’s rules. Do not decide that some things should not be listed.
Search carefully. Look carefully to find everything Martin owns. Search his mail and home. Look for real estate by talking to family or advisors and looking through land records. Track down letters from creditors to find unpaid debts. Take valuable items to an appraiser.
Verify if necessary. It is a good idea to have someone else check the list, especially if family might argue over Martin’s money and property.
Can Martin get any benefits?
Find out if Martin is eligible for any financial or health care benefits from an employer or a government. These benefits might include pensions, disability, Social Security, Medicare, Medicaid, Veterans benefits, housing assistance, or food stamps (now known as Supplemental Nutrition Assistance Program or SNAP). Use the National Council on Aging benefits check-up at www.BenefitsCheckUp.org.
Help him apply for those benefits. The Area Agency on Aging where Martin lives can help you find information. Find the local Area Agency on Aging through the Eldercare Locator in Michigan at www.eldercare.gov.
Medicaid is complicated
Get legal advice and be very careful about decisions that may affect Martin’s eligibility for Medicaid. The Medicaid program provides medical assistance and long-term care to low-income people. It may have another name in your state. To find your state Medicaid agency, visit: www.benefits.gov/benefits/browse-by-category/category/MED. For additional information about Medicaid and/or Medicare eligibility in Michigan, visit the Department of Health & Human Services website at http://www.michigan.gov/mdhhs/ or by calling 1-517-373-3740.
Medicaid/Medical Assistance: For information about Medicaid eligibility and how to apply, contact Michigan Medicare/Medicaid Assistance Program (MMAP, Inc.). MMAP, Inc. is a free health-benefit counseling service provided to Michigan residents. Call 1-800-803-7174 or visit www.mmapinc.org.
3 | Rules about keeping Martin’s money and property separate from your money and property.
Never mix Martin’s money or property with your own or someone else’s. Mixing money or property makes it unclear who owns what. Confused records can get you in trouble with the court.
Follow these guidelines:
- Separate means separate. Never deposit Martin’s money into your own or someone else’s bank account or investment account.
- Avoid joint accounts. If Martin already has money in a joint account with you or someone else, get legal advice before making any change.
- Keep title to Martin’s money and property in his own name. This is so other people can see right away that the money and property is Martin’s and not yours. Ask the bank for a conservatorship or fiduciary account that shows you are managing the account for Martin.
- Know how to sign as conservator. Sign all checks and other documents relating to Martin’s money or property to show that you are Martin’s conservator. For example, you might sign: “Juan Doe, as conservator for Martin Roe.” Never just sign “Martin Roe.”
- Pay Martin’s expenses from his funds, not yours. Spending your money and then paying yourself back makes it hard to keep good records. If you really need to use your money, save receipts for the expense and keep a good record of why, what, and when you paid yourself.
4 | Rules about keeping good records.
You must keep true and complete records of Martin’s money and property.
As conservator, the court or a lawsuit can challenge you to show everything you’ve done with Martin’s money and property. Always be ready to share your records with the court.
Practice good recordkeeping habits:
- Keep a detailed list of everything that you receive or spend for Martin. Records should include the amount of checks written or deposited, dates, reasons, names of people or companies involved, and other important information.
- Keep receipts and notes, even for small expenses. For example, write “$50, groceries, ABC Grocery Store, May 2” in your records soon after you spend the money.
- Avoid paying in cash. Try not to pay Martin’s expenses with cash. Also, try not to use an ATM card to withdraw cash or write checks to “Cash.” If you need to use cash, be sure to keep receipts or notes.
- Getting paid? If you are permitted by the court to charge a fee to serve as conservator be sure your fees are reasonable. Keep detailed records as you go along of what work you did, how much time it took, when you did it, and why you did it. Your compensation should be reasonable. Look for information about what other people charge to do the tasks that you are doing for Martin.
- File your accountings with the court. Each year—or whenever the court requires—you must report to the court, including giving an accounting of all the money you received and spent.
- The court will give you a specific form for the accounting or will tell you what is required. Use the records you have kept during the year to fill in the form. If you have questions, ask court staff or a lawyer for help.
- The court will tell you when the accounting is due. Be sure to turn it in on time. If your accounting is late, the court may call you in to explain why.
- Your accounting must be clear and must “add up.” The accounting should show a beginning balance, income during the year, expenses during the year, and an ending balance. The ending balance for one year should be the same as the beginning balance for the next year.
- Accounting requirements differ by court, and may change over time. Try to understand in advance what is needed, so that your accounting is not rejected for a minor problem. Ask for an example of a correct accounting. You may need an accountant to help.
- File a final accounting after Martin dies. Notify the court when Martin dies. According to Probate Court procedures, make a final accounting of Martin’s money and property, and ask for an order releasing you from your duties.
- Sometimes, you may need to pay final bills or make final arrangements, especially if no one else can do it. For example, you may need to pay funeral expenses and final medical bills.
- If Martin did not already make funeral or burial arrangements, look for any directions he may have left—perhaps in advance directives or remarks to family or friends.
- An executor named in a will, a personal representative appointed by the court, or a trustee named in a trust will handle Martin’s money and property after you turn them over. Hold Martin’s personal things safely until they are transferred to whoever is to receive them. If you are the one named to handle Martin’s money and property after his death, make sure you understand when your duties as conservator end and your new duties begin.
Conservator Q & A
What if there are other fiduciaries?
The court may have named someone else to act with you as Martin’s conservator, or it may have named someone else to act as Martin’s patient advocate to make health care decisions.
Any other conservators will be your partners in making decisions on Martin’s behalf and in helping him make decisions if he is able. You must work closely together. For example, if Martin will move to a new location or get special care, his conservators must make important personal and financial decisions. You must consult with one another. Michigan law does not require conservators to reside in Michigan.
Other types of fiduciaries
Other fiduciaries may have authority to make decisions for Martin. For example, he may have an agent under a power of attorney, a representative payee who handles Social Security benefits, or a VA fiduciary who handles veterans benefits. It is important to work with these other fiduciaries, and keep them informed.
Government benefits require special fiduciaries
As conservator, you cannot manage Martin’s government benefits such as Social Security or VA benefits unless you get a separate appointment from the government agency as, for example, a representative payee or VA fiduciary. For more information, contact the government agency.
How can you avoid problems with family or friends?
Family or friends may not agree with your decisions about Martin’s money and property. To help reduce any friction, follow the rules described above and the guidelines we’ve given you.
Sharing information may help or be required in limited circumstances. BE CAREFUL. It is not always best to share the personal information unless specifically required by Michigan law or judicial order. Check to see what the power of attorney directs you to do about sharing your records.
Some family or friends may be so difficult that it is better not to share information with them, but avoid the disclosure of confidential information. Use your best judgment.
If family or friends disagree with your decisions, try to get someone to help sort it out—for example, a family counselor or mediator. See Resources.
What should you know about working with professionals?
In managing Martin’s affairs, you may need help from professionals such as lawyers, brokers, financial advisors, accountants, real estate agents, appraisers, psychologists, social workers, doctors, nurses, or care managers. You can pay them with Martin’s money.
If you need help from any professionals, remember these tips:
- Check on the professional’s qualifications. Many professionals must be licensed or registered by a government agency. Check credentials with the government agency. Make sure the license or registration is current and the professional is in good standing. Check the person’s complaint history.
- Interview the professional thoroughly and ask questions.
- Review contracts carefully before signing. Before hiring any professionals, get their proposed plan of work and expected fee.
- Make your own decisions based on facts and advice. Listen to their advice but remember you are the decision-maker.
Watch out for financial exploitation
Family, friends, neighbors, caregivers, fiduciaries, business people, and others may try to take advantage of Martin. They may take his money without permission, neglect to repay money they owe, charge him too much for services, or just not do things he has paid them to do. These may be examples of financial exploitation or financial abuse. As Martin’s conservator, you should help protect him. You should know the signs of financial exploitation for five important reasons:
- Martin may still control some of his funds and could be exploited;
- Even if Martin does not control any of his funds, he still may be exploited;
- Martin may have been exploited already, and you may still be able to do something about that;
- People may try to take advantage of you as Martin’s conservator; and
- Knowing what to look for will help you avoid doing things you should not do, protecting you from claims that you have exploited Martin.
Look for these common signs of financial exploitation
- Some money or property is missing.
- Martin says that some money or property is missing.
- You notice sudden changes in Martin’s spending or savings. For example, he:
- Takes out lots of money from the bank without explanation;
- Tries to wire large amounts of money;
- Uses the ATM a lot;
- Is not able to pay bills that are usually paid;
- Buys things or services that don’t seem necessary;
- Puts names on bank or other accounts that you do not recognize or that he is unwilling or unable to explain;
- Does not get bank statements or bills;
- Makes new or unusual gifts to family or others, such as a “new best friend”;
- Changes beneficiaries of a will, life insurance, or retirement funds; or
- Has a caregiver, friend, or relative who suddenly begins handling his money.
- Martin says he is afraid or seems afraid of a relative, caregiver, or friend.
- A relative, caregiver, friend, or someone else keeps Martin from having visitors or phone calls, or does not let him speak for himself, or seems to be controlling his decisions.
What can you do if Martin has been exploited?
- Call the emergency 911 number if Martin is in immediate danger.
- Call Adult Protective Services (APS) at 1-855-444-3911. You could also call the police or sheriff. You may be required by law to report abuse and should check the Michigan Department of Health and Human Services website to make sure.
- Alert Martin’s bank or credit card company.
- Call the office of the local prosecutor or Michigan Attorney General.
- Call the Michigan Long-Term Care Ombudsman Program or the state Medicaid fraud control unit if Martin is in a nursing home or assisted living.
- Consider talking to a lawyer about protecting Martin from more exploitation or getting back money or property taken from him.
Each agency or professional has a different role, so you may need to call more than one. For more information, see Resources.
Be on guard for consumer scams
As Martin’s conservator, you should be alert to protect his money from consumer scams as well as financial exploitation. Criminals and con artists have many scams, and change them all the time. They often seek unsuspecting people who have access to money. Learn to spot consumer scams against Martin—and against you as his conservator.
How can you protect Martin from scams?
Consumer scams happen on the phone; through the mail, e-mail, or the Internet; and they occur in person, at home, or at a business.
Here are some tips:
- Put Martin’s number on the National Do Not Call Registry. Go to www.donotcall.gov or call 1-888-382-1222.
- Don’t share numbers or passwords for Martin’s accounts, credit cards, or Social Security, unless you know whom you’re dealing with and why they need the information.
- After hearing a sales pitch, take time to compare prices. Ask for information in writing and read it carefully.
- Too good to be true? Ask yourself why someone is trying so hard to give you a “great deal.” If it sounds too good to be true, it probably is.
- Watch out for deals that are only “good today” and that pressure you to act quickly. Be suspicious if you are not given enough time to read a contract or get legal advice before signing. Also watch out if you are told that you need to pay the seller quickly, for example by wiring the money or sending it by courier.
- Never pay up front for a promised prize. Suspect a scam if you are required to pay fees or taxes to receive a prize or other financial windfall.
- Watch for signs Martin already has been scammed. For example, does he receive a lot of mail or e-mail for sweepstakes? Has he paid people you don’t know, especially in other states or countries? Has he taken a lot of money out of the bank while he was with someone he recently met? Does he have a hard time explaining how he spent that money? Is he suddenly unable to pay for food, medicine, or utilities?
What can you do if Martin has been scammed?
If you suspect a scam, get help. Contact a local, state, or federal agency, depending on the type of scam. You may also need to talk to a lawyer.
Local agencies to call are Adult Protective Services (APS), the Michigan Long-Term Care Ombudsman Program, the police or sheriff, and the local Better Business Bureau.
State agencies to call are the office of the attorney general or another agency that deals with consumer protection.
Call a federal agency if scammers are in other states or countries. Federal agencies are the Consumer Financial Protection Bureau, the FBI, the Federal Trade Commission, or the U.S. Postal Inspection Service.
Each of these agencies and professionals has a different role so you may need to call more than one.
For more information, see Resources.
This guide was adapted from the Consumer Financial Protection Bureau’s (CFPB) Managing Someone Else’s Money guides. Sixty Plus, Inc., Elderlaw Clinic, Western Michigan University Cooley Law School prepared this guide with the support from Lansing Area Community Trust and Capital Region Community Foundation to include information about Michigan state law resources. The CFPB has not reviewed or approved the content in this guide and the CFPB does not endorse the final product.
Michigan professionals who worked on this guide are Professor Kimberly O’Leary, Esq., L. Patricia Mock, Esq., Gregory Przybylo, Esq., Michelle Goetz J.D., Luis Vasquez J.D. and Dr. Janet S. Hahn (Center for Gerontology for the Western Michigan University Cooley Law School).