Appointees

Jane26J
Jane26J Community Member Posts: 4 Listener
edited January 20 in Families and carers

I am an appointee for my child, I have a bank account for them but in my name, as appointee. What happens if I die, can I request that another family member has access to this account/becoming their appointee? I have looked into Deputyship but it is so expensive I’m not in a position to apply for this at present.

Comments

  • Mary_Scope
    Mary_Scope Posts: 5,172 Scope Online Community Children and Family Specialists

    Hi @Jane26J and a warm welcome to the community from me!

    When you die, the DWP must be notified as soon as possible and then another family member can become a new appointee, here is some more information on what happens when an appointee passes away that I hope will be helpful😊

  • Kimi87
    Kimi87 Community Member Posts: 8,903 Championing
    edited January 20

    The bank account would be closed upon your death and the money would form part of your estate.

    You should also make a will specifying that a sum of money equalling the closing balance is to be given to the new appointee for the use of your child.

  • Jane26J
    Jane26J Community Member Posts: 4 Listener

    many thanks to you both, that’s very helpful.

  • Wind
    Wind Community Member Posts: 16 Listener

    Do a power of atterney for you in health and finace + make a willand set up a trust for your child .

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