I am the POA for my cousin, but I wish to have the facility she stays appointed as the Beneficiary Payee, so they can handle her monthly disability check. She is on Medicaid and North Carolina's Special Assistance, so all but $66.00 per month must go to the assisted living facility she is staying. They would also manage her $66.00 per month. The $66.00 must cover her out of pocket prescription costs and incidentals. IMO, it makes sense to do it that way.
My question is regarding the details. Right now she has a bank account with a local bank. I want that bank account to stay open so I can' deposit funds in it and handle her affairs that ARE NOT Social Security related. So, once the Facility is appointed the Beneficiary Payee, will the Disability checks go straight to the account the facility has for cases like this OR will they take over her existing local bank account? I hope I made this question clear. I want the facility to handle the Social Security funds in their account and me to handle non-social security funds in her existing local bank account. Is this possible?