Corporate appointeeship
Corporate appointeeship is the name given in the
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
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,
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
- Allocation questionnaire, a similar legal form process in the UK
- Conservator of a Conservatorship, in the United States, a person appointed by a court or regulatory authority to supervise a person or entity's financial affairs
- Conservator (religion), a judge appointed by the Pope to protect the personae miserabiles
- Public administrator, as similar position in the United States, but for decedent's estates
References
- ^ a b c "Managing someone else's finances: Corporate appointee". Wigan Council. n.d. Retrieved 2 February 2024.
- ^ "Appointeeship Procedures". London Borough of Barking and Dagenham. n.d. Retrieved 2 February 2024.
- ^ "Get support with managing your money". Walsall Council. n.d. Retrieved 2 February 2024.