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.