Financial Planning Services for Family Caregivers: Grant System.
This law aims to provide financial planning services to individuals informally caring for elderly relatives or people with disabilities. It establishes a grant system for organizations to offer professional guidance, including advice on budgeting, debt management, and long-term care costs. Caregivers gain access to assistance regarding public benefits and referrals for legal matters like estate planning.
Key points
Family caregivers will gain access to grant-funded financial planning services provided by trained professionals.
Services include guidance on available public benefits, debt management, savings, and the costs associated with long-term care.
The act mandates referrals for legal assistance concerning estate planning and wills, ensuring services are accessible in multiple languages and formats.
Status:
Introduced
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