I am dealing with an intestate estate, one of the beneficiaries lacks capacity to handle his affairs by reason of mental disorder and is in receipt of DLA. There is no LPA, EPA or deputyship in place.
Is there anything the PR’s can do to set up a Disabled Persons Trust, the beneficiary lacks capacity to sign a deed of variation, or would this need to be dealt with by way of an application to the COP?
If the beneficiary is adult and the entitlement is absolutely vested,
there is nothing the administrator of the estate can do.
If the beneficiary is a minor, s.32 Trustee Act 1925 may enable an
appointment on a disabled persons trust. However, is this necessarily
the most appropriate way to protect the value, mindful of the increased
compliance aspects.