Protecting financial assets amid immigration raids, deportations
CNBC Television·2025-06-30 16:49

Financial Planning & Protection - The report emphasizes the importance of protecting one's finances, especially in uncertain times [2] - Individuals should gather important financial documents like bank account information and identification [3] - Establishing a financial power of attorney is crucial for designating someone to manage finances if one becomes incapacitated [5] - For those with minor children, designating a pre-needed guardian is essential [6] - Beneficiaries of financial accounts (bank, retirement, life insurance) should be checked and trusts set up for minor children to ensure proper distribution of assets [7] Resources & Assistance - Voluntary legal service organizations, pro bono financial advisors, legal aid centers, and local bar associations offer free advice [9] - CNBC offers a free Money101 newsletter series for more financial planning strategies [9][10]