Financial

Financial Capacity Instrument

The Financial Capacity Instrument (FCI) is a conceptually based, standardized psychometric instrument designed to directly assess everyday financial activities and abilities relevant to community-dwelling adults. The FCI assesses financial skills at the task, domain, and global levels. The current version of the FCI (FCI-9) consists of 20 financial tasks, 9 domains of financial activity, and

Financial Capacity

Financial capacity (FC) is a medical-legal construct that represents the ability to independently manage one’s financial affairs in a manner consistent with personal self-interest. FC thus involves not only performance skills (e.g., accurately counting coins/currency, completing a check register, paying bills) but also the judgment skills that optimize financial self-interest. From a legal standpoint, FC

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