The founder of Carolyn M. Young Fiduciary Services, Carolyn Young is a licensed professional fiduciary serving residents of Sacramento, California, and the surrounding region. A member of the Professional Fiduciary Association of California (PFAC), Ms. Young manages more than $75 million in assets for a variety of clients, including seniors.
In the interest of better serving seniors living in California, the Elder Financial Abuse Interagency Roundtable (E-FAIR) recently launched the Senior Gateway, an online tool focused on consumer protection. The website, which is hosted by the California Department of Insurance (CDI), is found at http://www.seniors.ca.gov.
The site is designed to provide information to inform seniors and their caretakers about the potentials for scams and other forms of abuse. The resources offered by the Senior Gateway include information on preventing and reporting financial fraud and other types of financial abuse targeting seniors. It also features educational resources on insurance annuities; health care options; and investment options, such as reverse mortgages.
Acting in the interest of the elderly, the disabled, and others, Carolyn M. Young Fiduciary Services has been serving the citizens of the Sacramento, California, region for more than 25 years. Fiduciaries, whether court appointed or retained by private clients, can serve in a number of capacities. Among the fiduciary services offered by owner Carolyn M. Young is that of acting in the role of conservator.
When a person is judged by a court to be mentally or physically incapable of managing his or her own affairs, then the court may appoint a conservator to administer the conservatee’s personal or financial matters. For the protection of the conservatee, the court will require the appointed fiduciary to receive advanced approval for many actions and keep the court apprized of their actions on behalf of the conservatee. Some of the specific responsibilities that a conservator may undertake include making application for pensions, receiving income, paying conservatee expenses, and tax preparation.
As a leading force in juvenile diabetes research, the Juvenile Diabetes Research Foundation (JDRF) works to find a cure for the disease while also providing support and knowledge to patients and their families. The organization was founded in 1970 by concerned parents looking to push research efforts and spread hope to those who knew little about the disease. Since that time, the JDRF has grown immensely and enjoyed widespread support from the diabetic and medical communities. Interestingly, the majority of JDRF volunteers also possess first-hand knowledge regarding diabetes and the effect it has on individual lives. This personal connection contributes to the institution’s drive and motivation.
Today, the JDRF conducts research projects in countries across the globe and has managed to raise over $1 billion in research funding. The organization also labors to advocate for further research efforts and increase government spending to combat diabetes. The Bag of Hope, School Advisory Kit, and Adult Type 1 Toolkit all represent great efforts by the JDRF to reach out and assist individuals diagnosed with type 1 diabetes. In addition, the Juvenile Diabetes Research Foundation provides a comprehensive online program geared towards patient support. Individuals may contact the Online Diabetes Support Team and speak one-on-one with diabetes professionals. The JDRF also produces a number of helpful publications, including Countdown Magazine, Life With Diabetes E-Newsletter, and Research Snapshot.
About Carolyn M. Young Fiduciary Services:
As owner of Carolyn M. Young Fiduciary Services, Carolyn M. Young possesses over 25 years of expertise in the financial services industry. Specializing in fiduciary offerings, Carolyn M. Young Fiduciary Services currently oversees more than $75 million in client assets, working continually to help clients gain autonomy and independence. Ms. Young and her family also remain heavily involved with the Juvenile Diabetes Research Foundation.