Lexis®Library update: The guide was created in response to a government consultation published in February 2023 and marks the first step in fulfilling the government’s pledge to tackle barriers to accessing savings.
Developed with the support of parents, carers and charities, the toolkit will provide guidance on changes in decision-making responsibility when a young person who lacks mental capacity transitions into adulthood, the relevant route to make financial decisions on behalf of a young person and how to prepare to make financial decisions for when a person turns 18.
Source: New how-to guide to help families access trust funds of disabled young adults
This content was first published by LNB News / Lexis®Library, a LexisNexis® company, on 9 June 2023 and is published with permission. Further information can be found at: www.lexisnexis.co.uk