Parent and carer toolkit

Making finance decisions for young people: Government toolkit for parent carers

This Government toolkit provides a guide for parents and carers to make financial decisions for a young person who lacks mental capacity.

It will help you understand:

  • what lacking mental capacity means and the decision-making principles
  • the changes to decision-making responsibility when a child reaches adulthood
  • the relevant route for you to make financial decisions on behalf of a young person, including how to access a Child Trust Fund
  • if the young person is under the age of 18, how to prepare to make financial decisions when they reach adulthood.

You can view the toolkit by clicking here

Services: Coverage: NationalCambridge CityEast CambridgeshireFenlandHuntingdonshireSouth CambridgeshirePeterboroughBrecklandBroadlandGreat YarmouthKing’s Lynn and West NorfolkNorth NorfolkNorwichSouth Norfolk