For consumers who do not have a close family member or friend to assist them should they become incapacitated or unable to make sound life judgments, a licensed professional fiduciary may be able to assist. The Professional Fiduciaries Bureau (PFB) was created by legislation that passed and was enacted into…
Professional Fiduciaries Bureau
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The Professional Fiduciaries Bureau (PFB) within the Department of Consumer Affairs (DCA) is responsible for the licensure and regulation of non-family-member professional fiduciaries, including conservators, guardians, trustees, personal representatives of a decedent’s estate, and agents under durable power of attorney, as defined by the Professional Fiduciaries Act. The Act was…
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Consumer NewsDCA NewsProfessional Fiduciaries Bureau
New Laws Impact Professional Fiduciaries, Consumers Beginning in New Year
Two new laws that will have a direct effect on professional fiduciaries go into effect on January 1, 2023. They’ll both have a direct impact for the Professional Fiduciaries Bureau’s (PFB) licensees and applicants and it’s important for fiduciaries and consumers to become familiar with these new requirements. Effective January…
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Licensed financial and medical professionals can help We’ve always known certified public accountants and professional fiduciaries can play an important role in our financial health. But a new study shows financial experts like these could also hold a key to clients’ overall health through earlier Alzheimer’s disease diagnoses. Alzheimer’s disease…
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Get yours and contact a licensed accounting or fiduciary professional for assistance Your credit can make or break your financial plans for the future. That’s why a federal law—the Fair Credit Reporting Act—now gives consumers the right to request free credit reports every 12 months so you can stay informed…
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Tips and resources to educate kids and teens There are the ABCs and 123s, but what about nickels, dimes, and dollars? The Federal Deposit Insurance Corporation (FDIC) and its partners have educational tips and resources available to get kids and teens engaged in financial education. FIVE TIPS FOR KIDS’ FINANCIAL…
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Consumer Connection MagazineUncategorized
#AskDCA: ‘My elderly neighbor doesn’t have family nearby and I’m concerned for his well-being. How can I make sure he is looked after?’
Question: ‘My elderly neighbor doesn’t have family nearby and I’m concerned for his well-being. How can I make sure he is looked after?’ Answer: A professional fiduciary, licensed by the Professional Fiduciaries Bureau (PFB), can be hired by independent, productive people who anticipate a future need in making sound financial,…
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Nothing can prepare you for the experience of caring for a family member or friend in declining health. You may live far away, lack the appropriate skills, or be unprepared for the emotional burden of caring for another person. A professional fiduciary can help you to ease that burden. Professional…