What is a "representative payee?"

Find the Right Lawyer for Your Legal Issue!

Fast, Free and Confidential

Find the Right Lawyer for Your Legal Issue!

Fast, Free and Confidential

Some people simply are not able to manage their own financial affairs. For these people, a relative, friend or other interested party can be appointed to handle social security matters - this person is called a "representative payee." The benefits for the incompetent person is made payable to the representative payee on behalf of the incompetent (establishing a payment in trust and fiduciary responsibility for the representative payee).

The representative payee must use the benefits for the personal care and well-being of the beneficiary. Excess funds must be saved on the beneficiary's behalf. Also, periodic accounting reports that shows where the benefits went - how it was spent or were it has been saved - must be filed with the Social Security Administration.

Find the Right Lawyer for Your Legal Issue!

Fast, Free and Confidential

Find the Right Lawyer for Your Legal Issue!

Fast, Free and Confidential