2F. Fiduciaries and Representative Payees

What are fiduciaries and representative payees and when are they appointed?

This Alternative to Guardianship has to do with safeguarding an individual’s finances. A fiduciary or representative payee is appointed when it’s determined that an individual is not able to adequately manage their financial benefits and/or income.

The financial situations in which this alternative applies include:

• Social Security retirement and disability benefits
• Supplemental Security Income
• Veterans benefits
• Other federal benefits or entitlements