Child Trust Funds: People with a Learning Disability Debate
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Lord Addington
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Child Trust Funds: People with a Learning Disability
Lord Addington Excerpts(3 years, 5 months ago)
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Lord Wolfson of Tredegar (Con)
My Lords, we are putting the consultation material together as quickly as we can. The noble Lord is certainly right that we have to balance the ability of young adults to access their own funds against the importance of the protections given by the Mental Capacity Act to young adults who lack the mental capacity to manage those funds or give instructions to others to do so.
Lord Addington (LD)
My Lords, we have been going at this for a while. Would the Minister agree that a parent who has filled one of these trust funds for someone who is now a young adult should be presumed to have their best interests at heart, unless there is another good reason? Saying that you now have a warning system for those coming up is of no assistance to those who have already matured.