What is the requirement if the Private Portfolio Custodian dies or loses capacity?
The heirs or guardian of the Private Portfolio Custodian should notify the Competent Court or other Private Portfolio Custodians, if multiple custodians exist, within forty working days from the date of death or from the date they become aware of the Private Portfolio if they were not aware of it earlier. The Competent Court will notify the Private Portfolio Creator, the Private Portfolio Protector, and the Beneficiary about the death or incapacity of the Private Portfolio Custodian.