Corporate appointeeship

Source: Wikipedia, the free encyclopedia.

Corporate appointeeship is the name given in the

money management
services and responsibilities of the person in need of an appointee.

A county council or similar authority will be appointed under certain circumstaces:[1]

The Corporate Appointee will administer your finances on your behalf if you:

  • Lack capacity to manage your own finances and/or are physically disabled
  • Your income consists of benefits and you have no other major assets or income
  • There is no other close family member or friend willing to take on this role.

Due to the lack of resources that local authorities have in the UK and the fact that money management services are not statutory services, many councils now outsource corporate appointeeship to organisations across the England.

Corporate appointees need to be approved by the

financial abuse
of vulnerable individuals unable to manage their finances.

Procedure

The procedure for appointing such a corporate entity to handle a person's finances is complicated and can be contested; the process must be followed carefully,

social worker should be contacted.[1] After a social worker completes a care assessment, they can recommend a Corporate Appointee.[citation needed
]

If a county or borough council takes on the application, then they complete the "forms for the Department for Work and Pensions (DWP), [and] notify the DWP...."[3]

See also

References

  1. ^ a b c "Managing someone else's finances: Corporate appointee". Wigan Council. n.d. Retrieved 2 February 2024.
  2. ^ "Appointeeship Procedures". London Borough of Barking and Dagenham. n.d. Retrieved 2 February 2024.
  3. ^ "Get support with managing your money". Walsall Council. n.d. Retrieved 2 February 2024.