Accessing Junior ISA for Adult with severe learning disabilities - Court of Protection?

Crazy_Diamond

My 16 year old son has severe learning disabilities from birth and no ability to make decisions.  He has around £7k in a child ISA and I am wondering what the best thing is to do for him when he turns 18.  He will be dependent for life but we are hoping to buy a property with an annex for him so he has a little independence although I will remain his carer.

I understand that I can become his DWP appointee for PIP and UC however I am worried that leaving the money growing in his ISA will mean he cannot access this and I would like to be able to use it for some of his care costs and to give me a break from looking after him full time.

I understand that in order to access the ISA money for him I need to apply for a court of protection deputyship however I understand that this comes with a huge amount of ongoing reporting and cost and was wondering if I can just keep its remit to cover the ISA money whilst just remaining his appointee for PIP and UC. Any ideas how it works? 

Also is this the only option for accessing ISA funds for him?  I read that some providers might be more lenient, at least in relation to child trust funds, any ideas?
https://www.onefamily.com/insights/news/how-were-trying-to-help-more-disabled-teens-access-their-child-trust-funds/#:~:text=Every case is different, but,Bridgwater, OneFamily's Head of Investments

Keep_pedalling

Might be worth asking for advice from one of the disability charities such as Scope.

https://www.scope.org.uk/

Looking ahead do you have a will in place? If not or it is a very basic one you should consult a STEP solicitor about making one that creates a vulnerable person’s trust.   

Albermarle

You could try talking to the ISA provider.

One problem will be the normal call centre staff will have no idea, or just trot out a standard line. You will probably have to push to get access to someone more senior.

Going forward it is best that he has no assets or savings in his name, as it can affect benefits availability.

xylophone

https://contact.org.uk/help-for-families/information-advice-services/preparing-for-adult-life/parental-responsibility-amp-mental-capacity-beyond-16/

Above may be of interest.